Sui "Korea Will Be a Vanguard in the Blockchain Era" [EastPoint Seoul 2025]

Adeyini Abiodun, co-founder of Mysten Labs

Christian Thompson, director of the Sui Foundation — interview

"Korea Has High Blockchain Competitiveness"

Positive assessment of domestic crypto asset policy

"Sui ETF Shows Market Trust"

Also pledged ecosystem expansion

"There is tremendous potential in Korea's blockchain ecosystem. Sui aims to help Korea become a country that can lead the global blockchain industry."

Adeyini Abiodun, co-founder and chief product officer (CPO) of Mysten Labs, and Christian Thompson, director of the Sui Foundation, said this in an interview with Bloomingbit on the 20th. They visited Korea last month to attend 'EastPoint Seoul 2025.'

We asked in detail about the possibilities Sui sees in Korea and its future approach to the domestic market.

"Korea Accelerates Blockchain Adoption"

Sui evaluated that Korean blockchain developers have high potential. CPO Abiodun said, "After communicating with many developers in Korea, they were implementing practical services in areas closely related to daily life, such as payment systems," and added, "We will apply Sui's blockchain technology to Korean projects."

Last month, Sui also formed a partnership with domestic table-order company TiOrder. Sui plans to provide TiOrder with blockchain-based stablecoins, QR code payments, and FacePay (facial recognition payment) services in the future.

They plan to prove blockchain's potential by collaborating with applications already widely used domestically. CPO Abiodun said, "Combining TiOrder's infrastructure with Sui's high-throughput, low-latency architecture can create a Korea-style blockchain payment model," and explained, "We expect it to become a representative case that demonstrates blockchain's utility in daily life by offering low fees and fast payment speeds to small merchants."

The Korean gaming market was also cited as suitable for integrating blockchain technology. Director Thompson said, "Korean developers have already built high-quality, mobile-focused games and payment experiences," and added, "Many people are already naturally using blockchain technology with devices like 'SuiPlay(SuiPlay)0X1'. This will be an important opportunity for blockchain to spread to the public."

They commented on domestic digital asset policy as well. CPO Abiodun said, "Through EastPoint we had many conversations with political figures and were able to glimpse the possibility of policy and technology coexisting." Director Thompson said, "A clear legal framework being pursued by Korea can bring both innovation and trust," and added, "Sui has aimed to be a regulation-friendly blockchain from its launch, so we will cooperate with Korean authorities to help innovation and regulation progress together."

"Familiar User Experience Is Key"

The core of Korea strategy is a 'familiar user experience.' CPO Abiodun said, "User experience should not be a barrier to participating in blockchain," and explained, "Sui offers 'zkLogin (zkLogin),' which allows wallets to be created with Google or Facebook accounts, and 'Sponsored Transaction,' which enables transactions without paying gas fees."

CPO Abiodun emphasized that Sui has strengths regarding Korea's social issues of low birthrate and aging population. He said, "People of various generations, including the elderly, should be able to use blockchain without complicated procedures," and added, "Sui's strategy prioritizes convenience and familiar experiences over technology."

Director Thompson said, "Korea adopts new technologies quickly and has high trust in digital services," and predicted, "Sui-based services can naturally blend into everyday life."

Ecosystem Growth Also Encouraging

They also promised to steadily expand the Sui ecosystem for investors and maintain technical reliability. Director Thompson said, "There has been growing attention to decentralized exchanges (DEXs) recently," and stated, "Projects like Momentum and Bluefin in the Sui ecosystem are showing competitiveness in the market." He added, "In particular, Bluefin has already established itself as the protocol generating the most revenue on Sui," and explained, "Such projects play an important role in increasing ecosystem trust and expanding the actual user base."

Regarding a crypto spot exchange-traded fund (ETF) with Sui as the underlying asset, he said, "An ETF is not just an investment product but a signal that shows the market's trust in blockchain infrastructure." He added, "That institutions have begun considering a Sui-based ETF means they recognize Sui's scalability, security, and sustainability in the mainstream market."

The growth of the Sui ecosystem is also encouraging. CPO Abiodun said, "Sui provides developers with full freedom and an experimental environment, and based on this has become one of the fastest-growing layer-1 networks," and emphasized, "This technical foundation is the core of maintaining trust in the global market and will underpin the token's long-term value."

Jinwook, Bloomingbit reporter wook9629@bloomingbit.io