SUI Group Expands Strategic Partnership with Bluefin, Providing an Additional 4 Million SUI in Loans to Support the DeFi Ecosystem
Svmuu News Nasdaq Listed company SUI Group Holdings Limited announced the expansion of its strategic lending partnership with Bluefin, a decentralized exchange within the Sui ecosystem.Under the amended digital currency loan agreement, SUI Group will lend an additional 4 million SUI to Bluefin, bringing the total loan amount to 6 million SUI.At the same time, the company has raised the revenue-sharing ratio from the original 5% to 11%, payable in SUI. The additional funds will be used to support Bluefin’s participation in the Bluewater-led financing transaction to acquire Suilend, the largest lending and DeFi platform on the Sui chain. (Businesswire)
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