The two-year-old layer-1 blockchain is teaming up with the digital assets financial services provider to create new infrastructure options.
The Sui network will expand its custody capacities through a deal with custody, prime and collateral services provider Copper. Sui is looking to increase its attractiveness to institutional finance.
Sui said in a statement that Copper custody support is already available for Sui-native tokens such as the Ondo USD Yield (USDY) stablecoin.
New custody features for staking and other decentralized finance functions will be rolled out that will enhance the options for clients issuing stablecoins and real-world assets. Sui Foundation managing director Greg Siourounis told Cointelegraph:
