Sui Invests $30M as DATA Network Plans Blockchain Migration
Photo: BlockTelegraph
Sui Foundation announced a $30 million investment in DATA Network on October 12 as the protocol prepares to migrate onto Sui. The agreement would make the foundation its largest institutional holder.DATA Network plans to retire its independent blockchain after completing the transition. The foundations have not announced a migration date, and the existing network will keep operating until the move is complete.DATA Network Plans Its Sui TransitionThe reported investment agreement brings DATA Network's AI training data infrastructure and Trace registry onto Sui. Walrus would become the default storage layer for applications operated by DATA Foundation.
Source: BlockTelegraph
