Grayscale Investments has announced the launch of the Grayscale Walrus Trust (WAL) and Grayscale DeepBook Trust (DEEP) on the SUI Network. The launch signals a major leap for institutional capital into Sui’s rapidly evolving data and liquidity infrastructure.
These single-asset investment trusts aim to let accredited investors access two crucial components underpinning Sui’s vision: DeepBook and Walrus. The trust’s structure is a private placement product, eligible for daily subscription and custody managed by Grayscale, offering exposure to either the DEEP or WAL native tokens and simplifying entry for professional investors wary of direct token management.
DeepBook functions as a decentralized, on-chain central limit order book (CLOB). This forms the liquidity backbone for decentralized finance (DeFi) on Sui. It powers exchanges, wallets, and trading venues through unified settlement and transparent price discovery. By standardizing liquidity, DeepBook enables hundreds of DeFi applications to interact seamlessly, supporting institutional-grade trading with speed and reliability.
Walrus acts as Sui’s blockchain-anchored data platform, a highly scalable storage protocol built to handle the explosive growth of AI and digital assets. Walrus is able to host large repositories of Web3, gaming, and AI-generated data. This offers both secure on-chain access and flexible integration with real-world apps.
Why Sui Is Ideal for Grayslace’s WAL and DEEP
The Sui blockchain, developed by Mysten Labs, stands out for its parallel transaction processing and innovative Move programming language, promising low fees and high performance for enterprise and consumer applications. Sui’s architecture allows for scalable settlements, instant user experiences, and supports the integration of data-heavy and liquidity-dependent apps.
By integrating both trading (DeepBook) and data (Walrus) at the protocol level, Sui is poised to drive the next wave of blockchain adoption. Specifically, where institutional-grade finance, AI, and consumer tech converge. Grayscale’s new trusts validate Sui’s approach, providing regulated investment vehicles for two assets foundational to this infrastructure.
Grayscale’s commitment to Sui’s foundational protocols confirms market confidence in scalable, developer-friendly blockchains. As accredited investors begin daily subscriptions to the Walrus and DeepBook Trusts, the Sui ecosystem is on its way to rapid growth, deeper liquidity, and broader institutional participation.
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