SUI Group, a Nasdaq-traded digital asset treasury, has confirmed a strategic partnership with the decentralized exchange Bluefin, which is a move that will push institutional participants to adopt crypto products that are developed over the Sui blockchain. The partnership is another milestone of SUI Group in its mission of reconciling between the traditional finance and blockchain technology.
The publicly traded firm that has an official partnership with the Foundation has been leading in providing institutional-quality exposure to the ecosystem. As an extension of its general approach, the company previously introduced the first treasury strategy, designed to help fund liquidity and institutional investment within the blockchain. These initiatives form the basis of the new partnership with Bluefin to increase market access and product development across the network.
As per the official announcement, the two companies have signed a partnership and lending agreement which streamlines their common interests of enhancing strategic involvement in decentralized finance. The partnership will allow SUI Group to use its strategic coverage to market the uptake of Bluefin trading and lending solutions with a keen interest in getting hedge funds, asset managers, and market makers to adopt to the expanding on-chain ecosystem of Altcoin.
To take this initiative forward, the Group (SUIG) has undertaken to lend Bluefin 2 million tokens, worth more than 4.32 million. In return, the company will receive a 5-percentage-point share of the revenue, which will also be paid in tokens.
“It is not just a capital relationship; we are seeking to establish a stronger linkage between Wall Street and the blockchain ecosystem,” said Marius Barnett, Chairman of the company. “The intention of this model is to give SUIG shareholders the opportunity to enjoy the direct benefits of accelerating institutional trading and liquidity, while creating a differentiated and recurring value stream through broader adoption.”
Bluefin is a perpetual futures exchange built on a blockchain network and launched by major crypto investors such as Polychain, Brevan Howard Digital, Susquehanna, and Tower Research. The platform focuses on institutional investors, offering a suite of products that include perpetual futures, spot trading, lending, and vault-based yield strategies.
The exchange has indicated tremendous growth whereby the cumulative volumes of trading has been recorded as over 82 billion, fees earned of more than 34 million and deposits in the vault more than 90 million. These achievements demonstrate how fast the exchange has become a major liquidity hub in decentralized finance and are indicative of the company attracting institutional investors to gain efficient and scalable exposure to crypto.
With this collaboration, the Sui Group and the exchange will be among the first institutions to join the blockchain ecosystem, positioning themselves at the forefront of the transition between traditional finance and decentralized markets.
Shristy Malviya is a skilled English Blog Writer and Content Writer associated with Coin Gabbar, specializing in producing well-researched and SEO-friendly content on cryptocurrency, blockchain innovation, and financial technology. She is passionate about making complex industry topics accessible and valuable to a wide audience. Shristy’s work reflects her commitment to delivering credible and high-quality information that aligns with current market trends. Outside her writing career, she enjoys reading books, an activity that deepens her understanding of global markets and continuously inspires her professional growth.