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The Nexus
BUSINESSMay 11 · 16:13 UTCR/CRYPTOMARKETS/u/PresaleRadaar

Just found out a NASDAQ-listed company staked their entire 108.7M SUI treasury, basically locking it all out of circulation.

A NASDAQ-listed company has staked its entire 108.7M SUI treasury, locking it out of circulation. SUI's value increased from $0.94 to $1.41 in less than a week, a gain of over 50%. The company also rolled out zero-fee stablecoin transfers.

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