Sui Foundation Invests $30M in DATA Network as the Network Migrates to Sui
Photo: DeFi Planet
The Sui Foundation has announced a $30 million investment in DATA Network, formerly known as Story Protocol, as the project prepares to migrate its infrastructure to the Sui blockchain. DATA Network retire its independent blockchain and operate entirely within the Sui technology stack. The investment makes Sui Foundation the network’s largest institutional token holder alongside existing stakeholders, including PIP Labs. DATA is coming to @SuiNetwork. The DATA Network and Trace are joining the Sui stack, bringing a live supply of rights-cleared AI training data to infrastructure built for AI workloads.
Source: DeFi Planet
