Investment firm VanEck has launched a new product representing SUI, the token behind the Layer 1 blockchain known for its performance and scalability.VanEck's product allows millions of investors to access SUI without needing to hold the tokens in a crypto wallet.The offering from VanEck is fully collateralized and the referenced SUI tokens are held in a regulated custodian environment.This launch demonstrates institutional confidence in Sui, following its substantial growth in the past year and partnerships with major services.