Sui Expands Its Blockchain Ecosystem With Esg Backed Rwa Tokenization

This business establishes Sui arsenic a caller blockchain level expanding into RWA tokenization pinch a $13 cardinal marketplace cap.

Sui collaborated pinch Ant Digital Technologies to tokenize ESG-backed real-world assets connected its blockchain platform.

Sui's integration of existent world plus tokenization is expected to grow investor entree and thrust level growth.

Sui formed a strategical business pinch Ant Digital Technologies to tokenize ESG-backed real-world assets connected its blockchain platform, making them accessible to world investors.

This collaboration will merge nan assets held by a world exertion and star materials shaper into nan Web3 ecosystem.

“Tokenizing nan ESG marketplace is an unthinkable measurement guardant for existent world assets,” said Jameel Khalfan, Head of Ecosystem Development astatine Sui Foundation. “Through this partnership, investors will person entree to a full caller market, and it’s each happening connected nan level astir suited for it, Sui.”

The blockchain level has seen important growth, pinch its marketplace worth reaching astir $13 billion, up from little than $1 cardinal a twelvemonth ago.

Its Total Value Locked successful decentralized finance protocols has reached an all-time precocious of $1.8 billion, driven by protocols including NAVI, Suilend, Cetus, Aftermath, and DeepBook.

Recent integrations pinch Phantom’s crypto wallet and Backpack Exchange and Wallet person expanded Sui’s personification accessibility.

The blockchain has gained organization support from plus managers including Grayscale and VanEck.