Mill City Ventures III, Ltd. Has announced a significant raise of 450 million USD dedicated to its Sui blockchain treasury strategy. This endeavor indicates robust institutional backing, which could influence blockchain management methods moving forward.
With the appointment of Marius Barnett and Stephen Mackintosh from Karatage, the firm is now better positioned in crypto infrastructure. Their strategy includes managing 76 million SUI tokens while fostering confidence in the Sui blockchain’s capabilities, highlighted by a remarkable 34.16% token price increase.
Leave a Reply