21Shares Partners with Sui to Strengthen Crypto Offerings and Expand Reach Sui and 21Shares Collaborate to Boost Institutional Interest in Blockchain 21Shares has formed a strategic partnership with Sui, a Layer-1 blockchain network, to expand its crypto offerings. By teaming up, the companies will highlight their combined capabilities following an increasing wave of institutional attention toward the Sui ecosystem. The agreement contains multiple features that unite research efforts with product workshops and educational programs to meet increasing demands for Sui’s modern blockchain system. 21Shares to Offer Direct Access to Sui Tokenized Assets and DeFi Products After Sui’s mainnet went live, 21Shares conducted research that led them to partner with the platform because they believed in its architectural potential. Sui’s blockchain technology received backing from the company because of increasing investor demand for blockchain-based products. According to the agreement, 21Shares will create exchange-traded products (ETPs) that may incorporate spot token funds along with staking vehicles. The companies also evaluate the potential market entry of structured notes. In addition, the launched products will let investors interface with Sui’s ecosystem directly alongside its tokenized assets as well as its decentralized finance (DeFi) applications. Furthermore, the two firms will release research about Sui’s blockchain utilization applications. The research insights will concentrate on practical examples from Sui’s ecosystem by presenting information about tokenized assets alongside DeFi protocols, thus enabling investors to understand the expanding network better. The planned initiatives aim to create better market confidence in Sui, leading to increased participation from institutional stakeholders. The blockchain technology of Sui attracts appreciation because of its outstanding speed and capacity, as well as its transaction throughput performance. The platform achieves distinction by running transactions simultaneously and providing finalization results under one second. The high-speed platform of Sui enables execution of consumer and institutional applications through the new SuiPlay0X1 gaming console and tokenized treasury platform alongside on-chain fundraising tools. 21Shares and Sui to Bring New Opportunities As 21Shares focuses more on the U.S. market, this alliance with Sui presents important business development opportunities. For the last several years, 21Shares has grown its European market operations but has recently shifted focus towards expanding into U.S. regulatory compliance. To expand its products in the U.S., 21Shares appointed a head of business who builds exchange relations and launches new products. The partnership between Sui and 21Shares will show investors and developers new information through online events and regular project updates. This strategy will teach market participants about Sui’s blockchain features and show them why it is important for decentralized finance growth. In addition, both 21Shares and Sui show how traditional financial companies team up with blockchain technology to push their use forward. Blockchain networks such as Sui benefit from partnerships between institutions and companies to help connect crypto technology with traditional finance effectively. The collaboration between 21Shares and Sui helps crypto assets receive wider market acceptance globally. Ultimately, several established financial organizations want to work closely with young blockchain projects, as shown through this agreement. When enhancing regulatory oversight and simplifying technical challenges, joining hands, this partnership will create effective trading systems and new asset categories.   The post 21Shares Partners with Sui to Expand Crypto Offerings appeared first on Live Bitcoin News.

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