Nasdaq-Listed SUI Treasury Access is Here: Introducing Mill City Ventures

Mill City Ventures (NASDAQ: MCVT) has closed a $450 million PIPE deal and announced a strategic pivot to hold SUI tokens as a core part of its treasury. This marks the first publicly traded vehicle dedicated to acquiring and holding SUI, supported by the Sui Foundation. The move represents a major step in bridging traditional finance with Web3, offering institutional investors regulated access to the Sui ecosystem through a liquid equity instrument.

Key Ideas

Mill City Ventures becomes the first Nasdaq-listed company to hold SUI tokens as a treasury asset, creating a regulated gateway for institutional exposure to Sui.
Backed by major investors like Big Brain Holdings and Galaxy Digital, the initiative signals growing institutional confidence in Sui’s infrastructure and DeFi potential.

Why It Matters?

Traditional financial institutions are thinking to integrate crypto exposure into their investment frameworks to stay competitive, as public vehicles like Mill City Ventures redefine how capital markets interact with Web3. This environment supports DeFi protocols, gaming platforms, and other Sui-based applications seeking funding and growth.