The public chain Sui officially announced its integration with digital asset custody platform Fireblocks, opening secure asset configuration for banks, hedge funds, and financial technology companies on SUI. According to the Fireblocks official blog, platform customers can now custody, transfer, and manage native SUI tokens and Sui ecosystem assets within the same interface.
Fireblocks stated that using multi-party computation (MPC) technology, whitelisting restrictions, and multi-authorization mechanisms reduces operational risks, addressing traditional financial requirements for asset security and regulatory compliance:
"Sui's integration will further expand institutional users' access to high-performance DeFi."
Sui Public Chain Overview
Sui adopts an object-oriented data model and parallel transaction execution, with a theoretical throughput of 297,000 transactions per second (TPS) and can achieve final confirmation within sub-seconds. Smart contracts are written in Move language, which can prevent most common vulnerabilities.
The block confirmation mechanism is a Proof of Stake (PoS) consensus combined with the Narwhal-Tusk protocol to maintain decentralization and security; Sui also provides zero-knowledge login (zkLogin), allowing users to log in with Web2 credentials like Google accounts, lowering the entry barrier for new users.
In terms of DeFi ecosystem expansion, the current total locked value (TVL) has reached approximately $2.2 billion, with monthly decentralized exchange (DEX) volume breaking through $7-8 billion.
Large institutions such as Grayscale, Franklin Templeton, and VanEck are exploring product development on Sui, with some teams even pushing forward SUI-related ETF applications.
