Mill City Ventures Secures $500M Equity Facility to Expand SUI Treasury Holdings

Mill City Ventures secured a $500 million equity facility to expand its SUI treasury holdings. The company plans to use the funds to scale its position as the sole publicly traded entity with an official Sui Foundation relationship, targeting high-throughput uses like DeFi and gaming. SUI is the native token of the Sui blockchain, a layer one network launched in 2023, and is used for transaction fees, staking, governance participation, and accessing applications built on Sui.

Mill City Ventures III, Ltd. has secured a $500 million equity facility to bolster its SUI treasury holdings, aiming to position itself as the leading publicly traded entity with an official relationship with the Sui Foundation. The funds will be used to expand the company's SUI holdings, with a focus on high-throughput uses such as DeFi and gaming applications.

The SUI token, the native asset of the Sui blockchain, is used for transaction fees, staking, governance participation, and accessing applications built on the Sui network. The Sui blockchain, launched in 2023, is known for its high performance and developer-friendly ecosystem, making it an attractive option for institutional and retail investors alike.

The $500 million equity facility is expected to significantly enhance Mill City Ventures' SUI holdings, allowing it to scale its position and potentially drive demand for the SUI token. The company's strategic focus on SUI aligns with the broader trend of incorporating digital assets into long-term financial planning, as seen in the increasing adoption of cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and emerging platforms like SUI as strategic treasury assets.

Mill City Ventures' investment strategy targets SUI's governance tokens, developer grants, and ecosystem incentives, aiming to accelerate adoption of layer-2 solutions and cross-chain interoperability features. The firm plans to allocate approximately 60% of the raised capital to on-chain infrastructure projects, 30% to partnerships with SUI-based startups, and 10% to liquidity pools for the native token.

The capital will be deployed over 18 months, with quarterly performance updates provided to investors. Unlike speculative crypto strategies, Mill City's approach prioritizes infrastructure development and developer support, a model historically linked to long-term value creation in blockchain ecosystems.

Mill City Ventures' initiative positions it as a key player in the SUI ecosystem, potentially driving demand for the SUI token as the firm deploys its capital. The move reflects a broader trend of venture capital firms shifting toward crypto-native strategies, particularly as regulatory clarity improves in certain markets.

References:
[1] https://thecryptobasic.com/2025/08/01/mill-city-ventures-launches-450m-sui-treasury-strategy-with-foundation-backing/
[2] https://www.ainvest.com/news/mill-city-ventures-iii-allocates-98-450m-raise-sui-token-treasury-strategy-2507/