Vitalik Buterin advocates for open-source crypto platforms to improve equality, verifiability, and remove vendor lock-in.

Vitalik Buterin advocates for open-source crypto platforms to improve equality, verifiability, and remove vendor lock-in.

Grayscale has announced the launch of two single-asset trusts linked to the Sui ecosystem, providing accredited investors with exposure to the native tokens of DeepBook (DEEP) and Walrus (WAL). This move comes nearly a year after Grayscale's initial foray into the Sui blockchain with the launch of its first product [1].

DeepBook is an on-chain order book that has processed over $10 billion in volume, while Walrus is a platform offering programmable data storage. The Walrus Foundation raised $140 million from Standard Crypto and others in March 2025 [1].

Grayscale's head of product and research, Rayhaneh Sharif-Askary, highlighted the significance of DeepBook and Walrus as the financial and active data management backbones of the Sui ecosystem. She noted that Sui's unique blockchain architecture and programming language enable faster, more efficient, and more affordable blockchain experiences [1].

The Sui decentralized finance (DeFi) ecosystem has seen increased activity in recent months, with the total value locked (TVL) reaching an all-time high of $2.3 billion on July 28, although it has since fallen to $2.2 billion [1]. The blockchain's high-throughput and low-latency features, facilitated by parallel transaction processing, contribute to its growing popularity [1].

Mill City Ventures, a publicly traded company, has been a key player in the Sui ecosystem. It created a Sui treasury, raising $441 million and subsequently $500 million, with 98% of the proceeds going to the purchase of Sui (SUI) tokens. This has led to a significant increase in the company's share price, up 274% in one month [1].

Vitalik Buterin, co-founder of Ethereum, has proposed a new feature for Ethereum wallets that could enhance security by allowing users to set Ethereum addresses for account recovery. This feature aims to mitigate risks associated with lost access and could significantly improve digital asset management [2].

References:
[1] https://cointelegraph.com/news/grayscale-launches-two-single-asset-trusts-linked-to-sui-ecosystem-protocols
[2] https://en.coinotag.com/vitalik-buterin-proposes-ethereum-address-recovery-feature-to-enhance-wallet-security/