Sui Expands Bluefin Partnership as Confidential Transfers Go Live
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SUI Group boosted its Bluefin loan commitment from 2 million to 6 million SUI by adding 4 million SUI to help Bluewater Labs acquire Suilend, marking a significant funding and acquisition milestone for the Sui DeFi ecosystem. Sui also launched confidential transfers beta with selective disclosure on Devnet, enhancing blockchain privacy and DeFi utility which could increase adoption and lending activity.
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- SUI Group increased its Bluefin loan commitment from 2 million to 6 million SUI.
- The additional funding will support Bluewater Labs’ acquisition of Suilend.
- Sui launched confidential transfers beta with selective disclosure on Devnet.
Sui’s ecosystem continued to expand across both decentralized finance and blockchain privacy this week. SUI Group Holdings increased its lending commitment to support Bluewater Labs’ acquisition of Suilend, while Sui Network introduced confidential transfers in public beta on Devnet.
SUI Group Increases Bluefin Lending Commitment
SUI Group Holdings has expanded its digital asset loan agreement with Bluefin, increasing the total amount of SUI tokens on loan to 6 million. The agreement incorporates an earlier loan of 2 million SUI and adds another 4 million SUI to support Bluewater Labs’ acquisition of Suilend from Concurrent C.
…Read The Full Article Sui Expands Bluefin Partnership as Confidential Transfers Go Live On Coin Edition.
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