Boosting Real-World Asset Tokenization: Sui Partners with Ant Digital Technologies and ZAN
Sui is strengthening its presence in real-world asset tokenization by collaborating with Ant Digital Technologies and web3 plug-and-play tools provider ZAN. This partnership aims to tokenize environmental, social, and governance-backed (ESG) real-world assets on the Sui blockchain, increasing accessibility to ESG-backed RWAs for global investors.
By joining forces, Ant Digital Technologies, ZAN, and Sui aim to unlock access to green assets, focusing on sustainability, scalability, and innovation. The global RWA on-chain market has surpassed $13 billion, with platforms like Copper, Bybit, and MEXC playing a crucial role in this growth trajectory.
Key Benefits of the Partnership
The collaboration is expected to drive further growth for Sui, building on recent milestones such as:
- Phantom wallet integration
- Native USDC deposits and withdrawals on Coinbase
- The launch of Sui Bridge testnet
- Enabling native FDUSD deposits and withdrawals on Binance
These developments have contributed to increased activity and adoption for Sui, with newer projects leveraging the ecosystem’s technology for listing.
Driving Market Expansion
Decentralized finance, decentralized physical infrastructure networks, and gaming projects are driving Sui’s market expansion. The total value locked (TVL) in protocols leveraging the blockchain platform has increased significantly, with the SUI price experiencing substantial growth in recent months.
According to recent data, the TVL of Sui stands at $2.3 billion, with top protocols including staking, lending, yield aggregators, prediction markets, RWA, and decentralized exchanges. The top protocols by TVL are NAVI protocol, Suilend, Scallop, and Cetus AMM.
As the global RWA on-chain market continues to grow, partnerships like this one will play a crucial role in driving innovation and adoption in the web3 space.
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