The Sui network will expand its custody capacities through a deal with custody, prime and collateral services provider Copper. Sui is looking to increase its attractiveness to institutional finance.
Sui said in a statement that Copper custody support is already available for Sui-native tokens such as the Ondo USD Yield stablecoin.New custody features for staking and other decentralized finance functions will be rolled out that will enhance the options for clients issuing stablecoins and real-world assets.“Copper’s presence on Sui immediately improves its infrastructure by incorporating enterprise-level custodial solutions, which is an important prerequisite to onboarding large institutions.
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