tZERO Group announced a strategic partnership to integrate with the Sui blockchain, which is continuing to establish itself in the financial markets and payments space. Through the partnership, tZERO’s US-regulated trading, custody, and issuance framework will now support the Sui’s high-performance blockchain to offer institutional-grade tokenisation for projects currently building on the network.
With more than 12 years of operational experience in US market compliance and infrastructure development, tZero is recognised by the SEC with multiple registrations. An active member of FINRA, it also has years of experience bridging crypto-native projects into regulated US market applications.“Sui’s object-centric architecture offers a unique approach to regulated digital assets by making assets and their permissions programmable,” says Alan Konevsky, Chief Executive Officer of tZERO. “Combined with Sui’s performance, that design creates a strong foundation for the development of next generation regulated financial applications onchain.“
Launched in 2023 by Mysten Labs, which was founded by a team of former Meta engineers behind the Diem stablecoin project, Sui’s original focus was on retail markets including Web 3.0 gaming that benefitted from its performance and near-instant finality. It has since moved towards institutional markets for digital assets, a market that is just as demanding.
Mustafa Al Niama, Head of Capital Markets at Mysten Labs, and former Americas Head of Digital Assets at Goldman Sachs, comments: “Institutional adoption of tokenised assets depends on infrastructure that bridges blockchain innovation with regulatory frameworks. tZERO’s expansion to Sui gives issuers and developers access to regulated issuance, custody, and trading capabilities designed to support that transition, while also taking advantage of Sui’s unique architecture that is built to support institutional workflows.
Recently, Sui was named as one of the blockchain platforms chosen by Securitize to create the Securitize High Income Tokenised Fund (HINC) in collaboration with
investment manager Neuberger Berman. That collaboration supports KYC/AML checks, jurisdictional eligibility and applicable securities-law requirements by leveraging Securitize’s DS Protocol (Digital Securities Protocol) as implemented via its proprietary DS Tokens.
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