Robinhood Markets Inc. has added the Sui (SUI) token to its U.S. crypto trading platform, expanding the retail broker’s roster of more than 20 digital assets. Spot trading in SUI opened on 19 August, according to an update on the company’s website. SUI is the native cryptocurrency of the Sui Network, a Layer-1 blockchain developed by Mysten Labs that seeks to speed up transaction processing for consumer-focused Web3 applications. The project launched its mainnet in 2023 and has promoted the token as a means to pay for network fees and participate in governance. The listing follows a briefly published—and subsequently deleted—announcement on the Sui Network’s official blog earlier this week, which had signalled the move in advance. Robinhood did not disclose trading volumes or future listing plans.
🇺🇸 JUST IN: Robinhood has listed the $SUI token for trading in the U.S. https://t.co/Anl4Rvph31
$SUI News: @RobinhoodApp lists SUI @SuiNetwork https://t.co/JsmI3KkQ6b
Robinhood announced the listing of SUI spot trading. SUI is the native token of the Layer-1 Sui blockchain developed by Mysten Labs. Previously, the official SUI blog had published this news in advance but later deleted it. https://t.co/LcvjHL5cd1