SUI Group expands strategic partnership with Bluefin by adding 4 million SUI in loans to support the DeFi ecosystem
Odaily reported that Nasdaq-listed company SUI Group Holdings Limited announced an expansion of its strategic lending partnership with Sui ecosystem decentralized exchange Bluefin. Under the revised cryptocurrency lending agreement, SUI Group will lend an additional 4 million SUI to Bluefin, bringing the total loan amount to 6 million SUI. Meanwhile, the company will increase its revenue share from the previous 5% to 11%, paid in SUI. The additional funds will be used to support Bluefin's participation in Bluewater's acquisition financing transaction for Suilend, which is the largest lending and DeFi platform on the Sui chain. (Businesswire)
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