Mill City Ventures, a short-term lending firm, has completed a $450 million private placement and acquired approximately 76.3 million SUI tokens to establish its corporate treasury strategy focused on the Sui blockchain network. This move marks Mill City's first public treasury initiative with support from the Sui Foundation and leading institutional investors, signaling increased institutional interest in SUI. Following this, Mill City Ventures is seeking to raise an additional $500 million to expand its treasury. Concurrently, the Sui ecosystem is experiencing rapid growth, with 1.28 million new accounts added within 24 hours, bringing the total to 257.9 million accounts. Additionally, SUI is approaching a milestone where it is set to surpass Tron in all-time decentralized exchange (DEX) volume, reflecting growing user engagement and liquidity on the platform.