AMINA Bank Becomes First Regulated Institution to Provide SUI Services
AMINA Bank AG, a FINMA-regulated Swiss bank, has launched custody and trading services for SUI, the token of the Sui blockchain. This makes AMINA the first regulated bank globally to offer these services.
Key points include:
- Staking capabilities for SUI will be available in upcoming months.
- AMINA's offering includes governance features for compliance and no volume caps or trading limits.
- SUI is currently priced at $3.46 after a 12% weekly decline but has recently surpassed Solana in monthly stablecoin transfers.
- Mill City Ventures acquired over 76 million SUI tokens as a treasury reserve asset, indicating institutional confidence.
- The Sui Network is experiencing increased developer activity, hosting events that engaged nearly 3,000 developers, a 50% increase from 2024.
- Total value locked in Sui has reached $2 billion, positioning it prominently in the Layer-1 ecosystem.
This development reflects growing interest and potential in the Sui blockchain within the investment community.