Grayscale Investments has launched its first investment trusts focused on Sui’s core protocols, marking its official entry into the Sui ecosystem, while offering institutional investors direct exposure to the emerging layer-1 blockchain project.
Everything One Needs To Know About Grayscale’s SUI Trusts
The so-called Grayscale DeepBook Trust will hold DEEP tokens, while the Grayscale Walrus Trust will invest in WAL tokens. Both products accept daily subscriptions through private placements. However, only accredited investors can participate.
DeepBook operates as a decentralized central limit order book (CLOB) on the Sui blockchain, providing a key liquidity layer for decentralized exchanges (DEX), wallets, and other Sui-based apps.
Meanwhile, Walrus focuses on blockchain-based data storage, managing massive data sets driven by the rise of artificial intelligence tools.
Sui’s native token (SUI) currently trades around $3.78. It has gained 0.51% today. This launch reflects growing institutional interest in layer-1 blockchain projects beyond Ethereum and Solana. Investors seek diversified exposure in the fast-changing blockchain space.
Grayscale, based in Stamford, Connecticut, is best known for its Bitcoin Trust (GBTC) and Ethereum Trust (ETHE). Both were later converted into exchange-traded funds (ETFs). Recently, the firm shifted its focus to niche blockchain investments. This strategy targets investors seeking early access to promising infrastructure projects.
