Sui Partners with Ant Group's Fintech Subsidiary: "Pursuing Aggressive Expansion"

Interview with Christian Thompson, Managing Director of Sui Foundation

Sui Forms RWA Partnership with Ant Digital

"Planning Aggressive Expansion"

Blockchain Gaming Console Launch Expected This Year

Sui Foundation has formed a Real World Asset (RWA) tokenization partnership with Ant Digital, the blockchain subsidiary of China's largest fintech company, Ant Group, in December. Starting with this partnership, Sui plans to pursue more aggressive ecosystem expansion this year.

On the 14th, Christian Thompson, Managing Director of Sui Foundation, told BloomingBit in an interview, "Ant Digital has been looking for a partner in the RWA sector for a long time, as public blockchains are prohibited in China due to regulations." He added, "Ant Digital currently holds massive ESG assets in China. Going forward, Ant Digital will launch these ESG assets as RWAs through the Sui blockchain."

Thompson also expressed confidence in Sui's technology. "Through numerous tests last year, we've confirmed that Sui blockchain is faster, cheaper, and safer than any other project," he emphasized, "It's time to ignite growth. You'll see a completely different Sui from what you've seen so far."

Regarding the blockchain-based console 'SuiPlay 0X1' set for official launch this year, he said, "We've already announced partnerships with Steam and Epic Games, and more major partnerships are in preparation."

He stated, "We understand that for 'SuiPlay 0X1' to succeed, it needs to include various genres and high-quality games," adding, "We're putting great effort into this and will announce various news at Korea Blockchain Week (KBW) in Korea this year."

He continued, "We're also building a loyalty program with various types of airdrops for device users," noting that "early buyers have already received special rewards such as NFTs."

Thompson also shared insights on the changing cryptocurrency industry atmosphere following Donald Trump's presidential election. "The Trump administration is definitely creating a different environment from before," he said, "Clear regulatory policies and pro-cryptocurrency stance will increase industry-wide credibility and have a positive impact."

Regarding the potential approval of altcoin spot ETFs for Litecoin (LTC), XRP, and Solana (SOL), Thompson stated, "While it's clearly a positive signal for the industry," but added that "Sui doesn't have specific plans related to this." However, he mentioned, "We continue various discussions with financial institutions. Important announcements will come this year."

Addressing concerns about insider trading and circulation issues surrounding the Sui Foundation, he emphasized, "We've already sufficiently explained all concerns. We will continue to operate the foundation based on transparency." He added, "We've published future token issuance schedules to prevent misinformation. We'll continue such efforts to resolve any remaining questions about us."

Doo-hyun Hwang, BloomingBit Reporter cow5361@bloomingbit.io