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21Shares and Sui Join Forces to Expand Global Access to Sui Network
Globenewswireยท 2025-05-01 10:35
Core Insights - 21Shares has formed a strategic partnership with Sui to enhance its global presence and capitalize on the growing interest in the Sui ecosystem [1][2] - The partnership aims to produce product collaborations, research reports, and initiatives that reflect the increasing institutional interest in Sui, which is recognized for its speed, throughput, and scalability [2][4] - Sui is positioned as a high-performance Layer-1 blockchain designed for mass adoption, featuring an object-centric architecture that allows for parallel transaction execution and sub-second finality [4][7] Company Overview - 21Shares is a leading provider of cryptocurrency exchange-traded products (ETPs) and has established a significant presence in Europe, now focusing on expanding into the U.S. market [3][5] - The company has a track record of innovation, having launched the world's first physically-backed crypto ETP in 2018, and offers a comprehensive suite of crypto ETPs [5][6] - 21Shares is part of 21.co, a global leader in decentralized finance, and aims to bridge traditional finance with decentralized finance [6] Sui Blockchain Features - Sui is designed to be a global coordination layer for digital assets, emphasizing speed, security, and accessibility for users and developers [5][7] - The blockchain supports a variety of applications, including consumer-facing products and institutional-grade solutions, showcasing its versatility [4][7] - Sui's architecture enables low-cost, high-speed transactions, making it suitable for both everyday users and enterprises [4][7]