Sui Group Shifts Crypto Treasury Strategy to Stablecoins and DeFi
Sui Group, a Nasdaq-listed firm, is changing its crypto treasury strategy. According to reports, the company is evolving its focus from a crypto treasury vehicle to a yield-generating operating business, with an emphasis on stablecoins and DeFi. The development signals a shift in how crypto firms manage their assets, potentially seeking more active and profitable strategies within the decentralized finance space. The company aims to leverage opportunities within the crypto market to enhance its financial performance.
Never miss a Web3 update
Join our Telegram channel to receive news in real-time, straight to your phone.