PANews reported on November 11th that, according to Businesswire, SUI Group (NASDAQ: SUIG), the financial arm of SUI, announced a strategic partnership and lending agreement with Bluefin, a DEX within the SUI ecosystem. Through this collaboration, SUI Group will leverage its network of institutional market participants to promote the application of Bluefin's trading and lending products in traditional finance, accelerating the entry of hedge funds, asset management companies, and market makers into the on-chain market. Under the agreement, SUIG will lend 2 million SUI tokens to Bluefin and receive 5.00% of Bluefin's revenue (paid in SUI tokens).PANews reported on November 11th that, according to Businesswire, SUI Group (NASDAQ: SUIG), the financial arm of SUI, announced a strategic partnership and lending agreement with Bluefin, a DEX within the SUI ecosystem. Through this collaboration, SUI Group will leverage its network of institutional market participants to promote the application of Bluefin's trading and lending products in traditional finance, accelerating the entry of hedge funds, asset management companies, and market makers into the on-chain market. Under the agreement, SUIG will lend 2 million SUI tokens to Bluefin and receive 5.00% of Bluefin's revenue (paid in SUI tokens).

SUI Group partners with Bluefin: providing 2 million SUI loans in exchange for a 5% revenue share from Bluefin.

2025/11/11 09:51

PANews reported on November 11th that, according to Businesswire, SUI Group (NASDAQ: SUIG), the financial arm of SUI, announced a strategic partnership and lending agreement with Bluefin, a DEX within the SUI ecosystem. Through this collaboration, SUI Group will leverage its network of institutional market participants to promote the application of Bluefin's trading and lending products in traditional finance, accelerating the entry of hedge funds, asset management companies, and market makers into the on-chain market. Under the agreement, SUIG will lend 2 million SUI tokens to Bluefin and receive 5.00% of Bluefin's revenue (paid in SUI tokens).

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Satoshi-Era Mt. Gox’s 1,000 Bitcoin Wallet Suddenly Reactivated

Satoshi-Era Mt. Gox’s 1,000 Bitcoin Wallet Suddenly Reactivated

The post Satoshi-Era Mt. Gox’s 1,000 Bitcoin Wallet Suddenly Reactivated appeared on BitcoinEthereumNews.com. X account @SaniExp, which belongs to the founder of the Timechain Index explorer, has published data showing that a dormant BTC wallet was activated after hibernating for six years. However, it was set up 13 years ago, according to the tweet — the time when Satoshi Nakamoto’s shadow was still casting itself around, so to speak. The X post states that the tweet belongs to infamous early Bitcoin exchange Mt. Gox, which suffered from a major hack in the early 2010s, and last year it began paying out compensation to clients who lost their crypto in that hack. The deadline was eventually extended to October 2025. Mt. Gox’s wallet with 1,000 BTC reactivated The above-mentioned data source shared a screenshot from the Timechain Index explorer, showing multiple transactions marked as confirmed and moving a total of 1,000 Bitcoins. This amount of crypto is valued at $116,195,100 at the time of the initiated transaction. Last year, Mt. Gox began to move the remains of its gargantuan funds to pay out compensations to its creditors. Earlier this year, it also made several massive transactions to partner exchanges to distribute funds to Mt. Gox investors. All of the compensations were promised to be paid out by Oct. 31, 2025. The aforementioned transaction is likely preparation for another payout. The exchange was hacked for several years due to multiple unnoticed security breaches, and in 2014, when the site went offline, 744,408 Bitcoins were reported stolen. Source: https://u.today/satoshi-era-mtgoxs-1000-bitcoin-wallet-suddenly-reactivated
Share
BitcoinEthereumNews2025/09/18 10:18