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Investment Giant VanEck Launches SUI-Based Financial Product

  • 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.

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