Sui Foundation pours $30 million into AI data

The Sui Foundation invested $30 million in DATA Network, becoming its largest institutional holder. DATA’s standalone chain is being retired, and its tokens will migrate to Sui at a 1:1 ratio, with Walrus taking over as the default storage layer.

The Trace registry has recorded 250 million contributions and processes 3 million receipts a day. The settlement volume for AI training data is right there for all to see.

I’m holding on to my SUI. When real money is pouring into the ecosystem, a pullback is an opportunity to get in.

Anyone holding DATA: are you making the 1:1 migration or not?

$SUI $DATA $WAL #Sui