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- 🚨 Gate Alpha Ambassador Recruitment is Now Open!
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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A well-known encryption entrepreneur plans to purchase $125 million in bonds for SUI to establish SuiStrategy company.
On June 24, a number of well-known crypto entrepreneurs planned to raise $125 million through a bond issuance to buy SUI token reserves and establish SuiStrategy. The company's operating model will revolve around SUI tokens, including holding tokens on the balance sheet, obtaining staking rewards, participating in the construction of RWA and derivatives, and achieving exit through public listing, equity model or mergers and acquisitions. The drivers behind the project include Matthew Morgan, crypto consultant at WLF, Julian Bharti, managing partner at Delano Capital, Alex Dulub, founder of Web3 Antivirus, and Eric Galen, lawyer. The program is supported by the SUI community and aims to build a complete SUI financial strategy system.