Search results for Mysten Labs
Crypto
Global digital asset firms flock to South Korea but legislation stalls
Global digital asset companies are increasingly visiting South Korea and signaling interest in entering the market, but delays in the Digital Asset Framework Act are raising concerns. Executives from Circle, Tether and Sui have discussed cooperation and partnerships, while stressing the need for clear legal pathways for foreign stablecoin issuers and broader corporate participation. In parliament, five bills remain pending, and political and policy scheduling issues have repeatedly stalled committee talks.
Crypto
Sui steps up South Korea push, eyes broader ties with finance and big tech on clearer rules
Sui has designated South Korea as its top priority market in Asia and plans to expand cooperation with financial institutions and big tech companies once domestic stablecoin rules and guidelines become clearer. Mysten Labs co-founder and chief product officer Adeniyi Abiodun highlighted agentic finance and said Sui is building infrastructure for AI agents to make investment and payment decisions. The company also cited partnerships on payments and bitcoin-focused DeFi infrastructure.
Crypto
21Shares launches SUI spot ETF on Nasdaq as SUI-linked funds spread
21Shares said on Feb. 24 local time it has listed a spot SUI ETF on Nasdaq that tracks the SUI token, aiming to broaden investor access after launching the 21Shares 2X SUI ETF in December. It follows recent launches of the Canary Staked SUI ETF and the Grayscale Sui Staking ETF. SUI is the native token of the Mysten Labs-developed layer 1 blockchain.
