On Friday, the Sui Foundation announced via X that it has partnered with Coinbase as they adopt the Sui token standard, making it easier than ever for institutions, builders, and everyday users to participate in the Sui ecosystem.
Sui will now be one of Coinbase’s supported token standards alongside key protocols like Solana and Ethereum.
In addition to adopting Sui’s token standard, Coinbase Institutional and Sui are deepening their relationship through further custody and treasury management services to the Sui Foundation.
Sui is a Layer 1 blockchain designed to provide top-notch developer and user experiences backed by robust technological foundations. SUI is down 0.87% in the last 24 hours, trading at $0.9782 per coin.
Hassan Maishera