London, UK, June 26th, 2024, Chainwire

The integration with Sui includes custody support for L1 and L2, built-in staking support, and DeFi connectivity.

Copper, a leader in digital asset custody, collateral management, and prime services, is excited to announce its latest integration with Sui, a high-performance Layer 1 blockchain and smart contract platform. The strategic partnership will enable robust custody infrastructure support for stablecoin and Real-World Asset (RWA) issuers on Sui such as Ondo (USDY), marking a significant advancement in connecting institutional finance to on-chain opportunities on the Sui Network.

With Copper on board, the Sui ecosystem now has built additional foundational infrastructure necessary to enable institutional players to leverage Sui’s industry-leading decentralized technology platform, addressing the need for financial institutions seeking efficient treasury services for their tokens.

“This strategic partnership, integrating Copper’s enterprise-grade custody tooling, exemplifies the continued maturation of the Sui ecosystem into a platform capable of supporting the heightened infrastructure needs of Sui’s institutional builders and users,” said Greg Siourounis, Managing Director of the Sui Foundation. “We are truly excited about the number and diversity of new projects and assets this partnership will enable for both the Copper and Sui ecosystems.”

The first phase of support, encompassing SUI and native Sui-tokens is currently complete, making Copper a custodian for these assets. The immediate availability of Copper’s infrastructure on Sui means it is ready to serve the needs of large institutional traders and market makers today. Further features in staking and DeFi are in development and will be integrated soon, significantly expanding the functionality of Copper’s offerings on Sui.

“We’re excited to be a part of the SUI ecosystem with Copper as custodian,” commented Dmitry Tokarev, CEO of Copper. “With staking and DeFi features currently in development, we’re looking forward to the evolution of this partnership.”

Contact

Sui Foundationmedia@sui.io

The post Copper & Sui partner to build out full institutional accessibility appeared first on Crypto News Land.

This article is sponsored by @ListaDAO

The 8th article contest @ListaDAO - #ListaNewEra Introduction:
Lista DAO is an open-source decentralized stablecoin lending protocol and a liquidity hub for LSDfi on the BNB Smart Chain. Users can stake their BNB liquidity on Lista to mint slisBNB, or borrow lisUSD with various decentralized collateralized assets and their associated LST.
The LISTA token is the governance token of the Lista DAO, which will be officially listed on Binance on June 20, 2024. As a core governance tool, LISTA token holders play a vital role in the future development of the @ListaDAO Key Features & Benefits:
Governance engagement
LISTA token holders not only have voting rights, but can also vote directly on key governance decisions of the protocol, such as choosing collateral types and deciding on token emission strategies.
veLISTA lock-up and enhanced governance
Starting in July 2024, users can convert LISTA tokens to veLISTA. This not only enhances their voting power, but also gives them a share of the protocol's revenues, which are distributed after deducting operating expenses.
Listapie incentives
Prior to the official launch of veLISTA, holders of LISTA tokens had the option to stake their tokens to the Listapie platform. In this way, users can earn not only multi-tiered rewards such as Lista stardust and Listapie airdrop, but also Listapie IDO Quota, which provides them with the opportunity to participate in early-stage project investments. LISTA token holders will also have the opportunity to participate in our special event on the Galxe platform and share 5,000 USDT in rewards.
Another important part of Lista DAO is our slisBNB, what is slisBNB? slisBNB is BNB's yielding and liquid staking token. According to data on Dune, there are now 394,000 BNBs staked on Lista DAO, about $225 million. There are many other user cases in the ecosystem of the BNB chain, do you all know that there are many other user cases in slisBNB?

Step 1:
Participate in the @ListaDAO article contest to discuss the future of $LISTA
Post content on the square using the hashtag #ListaNewEra for a chance to share the rewards. We're looking forward to hearing from you about your insights and thoughts on the future of the $LISTA ecosystem.
Your post must cover the token tag $LISTA and the hashtag #ListaNewEra and include your views on:
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Step 2:
Share this Square post of yours on your social media (X) and @lista_dao, use the hashtag #LISTA and encourage your social media followers to comment/like/share the post.

Event Rules:

After the event, we will select 50 high-quality posts under the hashtag #ListaNewEra. To be eligible, posts must have at least 20 interactions (likes, shares, or comments) and at least 200 characters. And according to the number of views, 14000 LISTA will be shared, and each winner will receive 100 ~ 610: 
25 winners with over 4,000 views will each receive 100 LISTA.15 winners with over 8,000 views will each receive 360 LISTA.10 winners with over 15,000 views will each receive 610 LISTA.

All content must be released by July 03, 2024 12:00 (UTC+8) to be eligible for rewards.
Only content related to the project essay requirements will be selected, and other non-related content will not be eligible for reward.

Terms & Conditions
This promotion may not be available in your region.Only content with  #ListaNewEra related content (including posts and articles) that received at least 20 interactions (i.e., the total number of emojis, comments, or shares) during the campaign period are eligible for qualifying content.Any abuse of hashtags and posting of irrelevant content will result in exclusion from the event.Only original new content is eligible. Previously submitted entries are not eligible.You can post multiple different high quality content to increase your probability of winning.We will release the rewards to your account within 20 working days, and Users may check their rewards via "Funding" > "Balances".All eligible users will be notified via a push notification under Creator Center > Square Assistant.Binance reserves the right to disqualify any account that violates Binance Square's Community Guidelinesor Terms and Conditions.Binance reserves the right to modify or change these terms and conditions at any time at its sole discretion without prior notice, including, but not limited to, canceling, extending, terminating, or suspending this Promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any action to be taken, and all participants shall be bound by these amendments. Binance reserves the right of final interpretation of this event.