Grayscale Launches Trusts for Sui Protocols DeepBook and Walrus

Generated by AI AgentCoin World
Tuesday, Aug 12, 2025 5:51 pm ET2min read
SUI
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Aime RobotAime Summary

- Grayscale launches trusts for Sui's DeepBook and Walrus protocols, offering direct exposure to DEEP and WAL tokens.

- These protocols support Sui's infrastructure, enabling faster, secure decentralized app development and data management.

- The move expands Grayscale's strategy into blockchain infrastructure, aligning with institutional demand for next-gen platforms.

- Sui's TVL hit $2.3B in July, reflecting growing network activity and institutional interest in its ecosystem.

- The trusts provide structured, long-term investment tools, bridging traditional finance and decentralized tech.

Grayscale, a leading

digital asset
investment firm, has launched two single-asset trusts tied to the
Sui
ecosystem’s core infrastructure protocols—DeepBook and Walrus. The new trusts offer accredited investors direct exposure to the native tokens of these protocols, DEEP and WAL, allowing them to invest in foundational components of the Sui blockchain without directly purchasing SUI tokens [1][2][3].

DeepBook functions as an on-chain order book, reportedly facilitating over $10 billion in trading volume. Walrus, on the other hand, provides programmable data storage solutions, supporting Sui’s broader data management capabilities. Both protocols are described as essential pillars of the Sui ecosystem, enabling faster and more secure decentralized application development [4][6].

The Grayscale DeepBook Trust and Grayscale Walrus Trust are part of the firm’s broader strategy to expand beyond traditional cryptocurrency investments and into blockchain infrastructure. By offering vehicles that focus on individual protocols, Grayscale is enabling investors to gain targeted exposure to the building blocks of blockchain ecosystems [1][5].

This move comes amid a surge in activity across the Sui network. In July, the blockchain’s total value locked (TVL) reached an all-time high of $2.3 billion, although it has since slightly dipped to $2.2 billion. The increased interest in Sui is further evidenced by recent capital-raising efforts, such as Mill City Ventures’ $441 million and $500 million fund raises, both dedicated to purchasing SUI tokens [2][5].

Grayscale’s product and research lead, Rayhaneh Sharif-Askary, emphasized that Sui’s unique architecture and programming language support faster, more affordable blockchain experiences. She noted that DeepBook and Walrus are integral to the ecosystem’s financial and data management infrastructure [1].

The firm’s strategy aligns with a broader trend of institutional investors seeking exposure to the underlying components of next-generation blockchain platforms. By focusing on protocols such as DeepBook and Walrus, Grayscale is positioning itself to meet the demand for investment vehicles that reflect the structural evolution of decentralized ecosystems [2][6].

These trusts are presented not as speculative instruments but as tools for investors to participate in the development of specific blockchain protocols. This approach aligns with Grayscale’s institutional-grade investment model, offering structured exposure to digital assets while maintaining a focus on long-term value [4][6].

The launch of the two trusts represents Grayscale’s continued commitment to bridging traditional finance and decentralized technology. By offering direct exposure to the tokens that power key Sui infrastructure, the firm is facilitating deeper integration between institutional capital and the evolving blockchain landscape [1][5][9].

Source:

[1] Grayscale Launches Two Trusts Linked to Sui Ecosystem Protocols

https://cointelegraph.com/news/grayscale-launches-two-single-asset-trusts-linked-to-sui-ecosystem-protocols

[2] SUI News: Grayscale Investment Trusts for DEEP and WAL

https://www.coindesk.com/markets/2025/08/12/grayscale-debuts-first-investment-trusts-for-sui-s-core-protocols

[3] Grayscale Launches Trusts for Sui Infrastructure Tokens ...

https://www.ainvest.com/news/grayscale-launches-trusts-sui-infrastructure-tokens-deep-wal-2508/

[4] Grayscale® Launches Grayscale® DeepBook Trust and

https://www.globenewswire.com/news-release/2025/08/12/3131767/0/en/Grayscale-Launches-Grayscale-DeepBook-Trust-and-Grayscale-Walrus-Trust.html

[5] Grayscale targets Sui's infrastructure layer via DEEP and ...

https://crypto.news/grayscale-targets-suis-infrastructure-layer-via-deep-and-wal-token-trusts/

[6] Grayscale Debuts DeepBook, Walrus Trusts: Token Prices ...

https://www.coinspeaker.com/grayscale-debuts-deepbook-walrus-trusts-token-prices-rally/

[9] Grayscale® Launches Grayscale® DeepBook Trust And

https://www.barchart.com/story/news/34076500/grayscale-launches-grayscale-deepbook-trust-and-grayscale-walrus-trust