The Sui Foundation has announced a strategic partnership with Franklin Templeton Digital Assets to support the innovative Layer 1 and smart contract platform. The collaboration aims to create value for builders of Sui blockchain-based solutions by leveraging novel technologies on the Sui blockchain protocol.
Sui was initially inspired by some of the challenges Franklin Templeton Digital Assets is addressing in decentralized finance, and the partnership feels like a full-circle moment for Sui. Franklin Templeton Digital Assets has been involved in building blockchain-based tech solutions, running node validators, and developing investment strategies.
The firm’s digital assets research team uses tokenomic analysis, insights from an in-house data science team, and industry connections to inform product development and investment decisions. The Sui ecosystem features projects like DeepBook, Karrier One, and Ika. Sui is a secure and scalable platform for the future of intelligent assets, particularly in gaming, DeFi, memecoins, and real-world applications such as 3D printing and tokenized securities.
Most recently, native USDC launched on Sui, allowing users direct access to a widely used stablecoin without added complexities and risks.
