$SUI Treasury Access
On July 30, 2025, Mill City Ventures III, a Nasdaq-listed financial firm based in Minnesota, announced the addition of over 76 million tokens $SUI to its balance sheet as part of a strategic initiative called "SUI Treasury Access." This investment, valued at approximately $450 million, makes Mill City the first public company to adopt SUI as a treasury asset, setting an institutional precedent within the blockchain ecosystem.
The operation was carried out in close collaboration with the Sui Foundation, which supported the acquisition strategy through institutional agreements and open market purchases. To ensure professional management of these assets, Galaxy Asset Management, a leading firm in digital investment management, will take custody and operational responsibility for the funds.
This move represents a strong vote of confidence in the technological infrastructure of Sui, especially following its partnership with Microsoft, where it integrated with Microsoft Fabric to enable enterprise applications on blockchain. With a TVL exceeding $2.1 billion and a market capitalization surpassing $10 billion, Sui positions itself as a blockchain ready to scale in sectors like artificial intelligence, decentralized finance, and digital governance. More firms are expected to follow this model during 2025.
Are you ready for what's coming?