Mill City Ventures III 450M SUI Treasury Push Sparks 20% Share Jump as Institutional Backing Bolsters Blockchain Bet
-
最新报道：Mill City Ventures III Ltd. (NASDAQ: MCVT) shares surged 20% after announcing a $450 million investment in Sui blockchain's treasury, signaling strong institutional confidence in the Layer 1 network. The Minneapolis-based venture capital firm's strategic move aims to accelerate Sui's ecosystem growth through developer grants, infrastructure projects, and liquidity incentives. This marks one of the largest single institutional commitments to the Sui network since its May 2023 mainnet launch. The investment comes as Sui's total value locked (TVL) recently surpassed $700 million, with its native token SUI trading around $1.60 at press time. Market analysts suggest this backing could position Sui as a stronger competitor against established smart contract platforms.
下一篇
Over $300 Million Liquidated in Crypto Market Shift
- Crypto market faces $300M liquidation amid rapid corrections in major assets BTC, ETH.
24小时热点
热点专题
415128