Franklin Templeton is teaming up with Sui to explore new blockchain technologies on the Sui network, aiming to support ecosystem builders and innovate with the Sui blockchain protocol. Known for its rapid smart contract deployment, Sui is often seen as a competitor to Solana. Meanwhile, Grayscale has launched an investment fund focused on Sui's native token, SUI. Despite a recent outage, Sui continues to attract interest, with stablecoins like USDC launching on its platform. Franklin Templeton's tokenized money market fund, FOBXX, has amassed nearly $400 million in assets since its 2021 debut.