Grayscale Sui Trust (SUI)
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OTC Markets Group Welcomes Grayscale Sui Trust (SUI) to OTCQX
Globenewswire· 2025-11-20 12:00
Core Viewpoint - Grayscale Sui Trust (SUI) has qualified to trade on the OTCQX Best Market, providing investors with a new investment vehicle to gain exposure to the SUI token [1][2]. Group 1: Company Overview - Grayscale Sui Trust is one of the first investment vehicles that allows investors to gain exposure to the SUI token in a security format, mitigating the challenges associated with direct investment in SUI [4]. - The Trust's shares are designed to track the market price of SUI, minus fees and expenses, and SUI is a digital asset created through the SUI Network, which operates on cryptographic protocols [5]. Group 2: Market Context - Trading on the OTCQX Market provides companies with efficient and cost-effective access to U.S. capital markets, with streamlined requirements aimed at reducing the complexity of being publicly traded [3]. - Companies must meet high financial standards and adhere to best practice corporate governance to qualify for trading on OTCQX [3]. Group 3: Industry Insights - The SUI Network is a decentralized network that enables the exchange of tokens of value, recorded on a public blockchain, reflecting the growing trend of blockchain technology in financial markets [5]. - Grayscale's partnership with OTC Markets aims to provide investors with exposure to innovative blockchain networks like Sui, which are focused on scalability and performance [4].