Grayscale has announced two new single-asset trusts tied to the Sui blockchain ecosystem, focusing on DeepBook and Walrus. These investment vehicles give accredited investors regulated exposure to Sui’s most active protocols.
DeepBook serves as an onchain order book and has processed more than $10 billion in trades, while Walrus offers programmable data storage solutions. Earlier this year, the Walrus Foundation raised $140 million from investors including Standard Crypto.
The launch follows nearly a year after Grayscale introduced its first Sui-related product. It comes as Sui’s decentralized finance ecosystem reaches record engagement, with total value locked hitting $2.3 billion on July 28 before a slight pullback.
According to Grayscale, DeepBook and Walrus are critical to enabling secure, scalable, and efficient application development within Sui’s unique blockchain framework, positioning the ecosystem for continued growth.
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