The Sui Foundation, in partnership with Franklin Templeton Digital Assets, announced a strategic partnership to advance blockchain innovation. The collaboration is aimed at creating value for developers who use Sui’s Layer 1 and smart contract platform, and could potentially enable the utilization of novel technologies on the Sui blockchain protocol.

Franklin Templeton Digital Assets is a global leader in asset management that has been investing in the Sui ecosystem, and believes that this partnership will further benefit their investment efforts. Examples of projects being built in the Sui ecosystem include DeepBook, Karrier One, and Ika, which address various challenges within the decentralized finance space.

Sui has become a popular platform for application builders in gaming, DeFi, memecoins, and even real-world applications such as 3D printing and tokenized securities. With the recent launch of native USDC on Sui, users can now access one of the most widely used stablecoins globally without the added complexities and risks associated with bridged assets.

Contact: Sui Foundation media@sui.io

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