Catenaa, Friday, November 29, 2024 – Sui Foundation has stepped into a strategic partnership with the leading asset manager, Franklin Templeton, a post on November 22 reported.
Tapping into the novel tech advancements of the Sui ecosystem leveraging its blockchain backed by Franklin Templeton will be featured at the forefront of this integration.
The Sui blockchain has been strengthened within the DeFi sector with its Mainnet launch in May 2023.
The records revealed that total value locked (TVL) in Sui has indicated 675% growth while its DeFi volume has reached 956% in 2023, notably foreseeing the Sui blockchain enhancements that suit the current trends.
The projects Deepbook, Karrier One, and Ika are enlisted among the Sui projects, which have driven Franklin Templeton’s decision to collaborate with Sui.
The research team at Franklin Templeton has been working with deep industry connections to support the development of the product, and the new partnership would also be empowering with its potential.
