Sui Network has announced a partnership with World Liberty Financial (WLFI) to include $SUI in its Strategic Reserve, aimed at supporting Web3 projects.
Sui Joins WLFI’s Macro Strategy Fund
WLFI has introduced $SUI into its Macro Strategy fund, which aims to build a diversified portfolio of crypto assets. The fund includes Bitcoin, Ethereum, USD Coin, Chainlink (LINK), and Ondo Finance (ONDO). Eric Trump, a Web3 Ambassador at WLFI, emphasized the importance of this collaboration. Quote: “We are very excited to work with Sui and explore the innovative opportunities this collaboration presents.” — CITE_W_A. Zak Folkman, co-founder of WLFI, highlighted Sui’s rapid adoption and technological innovation as key factors: “We chose Sui for its American-born innovation combined with impressive scale and adoption. It is a natural complement to our mission.” — CITE_W_A.
Future Collaboration Opportunities
Sui and WLFI are in discussions to integrate the blockchain across WLFI’s financial activities. Christian Thompson, Managing Director of the Sui Foundation, described the partnership as a significant endorsement of Sui’s technology: “WLFI recognizes what we’ve been building, a blockchain designed for the future of finance.” — CITE_W_A. Evan Cheng, Co-Founder of Mysten Labs, echoed this sentiment: “We believe that the combination of Sui’s technology and WLFI’s ambitions could help redefine how the world stores and uses digital assets.” — CITE_W_A.
Impact on Sui and WLFI
The inclusion of $SUI in WLFI’s Strategic Reserve is expected to enhance Sui’s credibility as a leading DeFi asset and provide WLFI with a technologically advanced partner. For Sui, this strengthens its position in the institutional DeFi market, enhances visibility among major financial players, and creates potential integrations with WLFI’s financial products. For WLFI, adding $SUI supports cutting-edge DeFi projects, expands tokenized asset holdings, and encourages financial innovation in the U.S.
The partnership between Sui and WLFI strengthens ties in the rapidly growing crypto-finance sector, adding strategic significance and setting an example for other financial institutions.