{"id":142941,"date":"2024-11-22T16:18:45","date_gmt":"2024-11-22T14:18:45","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=142941"},"modified":"2024-11-22T16:18:59","modified_gmt":"2024-11-22T14:18:59","slug":"sui-partners-with-franklin-templeton-to-boost-blockchain-innovation-and-defi-growth","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/sui-partners-with-franklin-templeton-to-boost-blockchain-innovation-and-defi-growth\/","title":{"rendered":"Sui Partners with Franklin Templeton to Boost Blockchain Innovation and DeFi Growth"},"content":{"rendered":"<p>The <strong><a href=\"https:\/\/blog.sui.io\/franklin-templeton-digital-assets-strategic-partnership\/\" rel=\"nofollow\">collaboration<\/a> <\/strong>seeks to empower developers building on the <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/sui\/\">Sui<\/a> <\/strong>blockchain and introduce advanced technologies to enhance the network\u2019s capabilities.<\/p>\n<p>Franklin Templeton, a veteran in blockchain-based solutions since 2018, brings extensive expertise to the table. The firm has established a reputation for running node validators, devising investment strategies, and conducting deep tokenomic analyses to guide product development and investment decisions.<\/p>\n<p>Projects like Deepbook, which offers a decentralized alternative to traditional central limit order books, and Karrier One, a decentralized mobile carrier network, have particularly impressed Franklin Templeton. Additionally, Ika\u2019s parallel multi-party computation (MPC) network for secure cross-chain interactions has gained attention as a transformative solution in the blockchain space.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-142937\" href=\"\" title=\"\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\"><\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>This collaboration highlights a growing trend of institutional interest in Sui\u2019s blockchain. Earlier this year, Grayscale launched the Grayscale SUI Trust, and major stablecoins like <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/usd-coin\/\">USDC<\/a><\/strong>, FDUSD, and AUSD were introduced on the network.<\/p>\n<p>Since its Mainnet debut in May 2023, Sui has emerged as a key player in the DeFi landscape. The network reported an impressive 675% increase in total value locked (TVL) and a 956% surge in DeFi transaction volume over the past year. Thanks to its parallel transaction processing and low gas fees, Sui is proving to be a robust foundation for DeFi innovation.<\/p>\n<p>This partnership with Franklin Templeton marks another milestone in Sui\u2019s journey to becoming a leader in the blockchain sector.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sui has forged a significant partnership with Franklin Templeton Digital Assets, aimed at accelerating innovation within its blockchain ecosystem.<\/p>\n","protected":false},"author":7,"featured_media":114295,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[23,22],"tags":[71,372],"coin_category":[],"class_list":["post-142941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-others","tag-stablecoin","tag-sui"],"acf":[],"yoast_head":"<!-- This site is optimized 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Digital Assets, aimed at accelerating innovation within its blockchain ecosystem.\" \/>\n<meta property=\"og:site_name\" content=\"CryptoDnes EN\" \/>\n<meta property=\"article:published_time\" content=\"2024-11-22T14:18:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-11-22T14:18:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2024\/06\/franklintempleton2.jpeg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1164\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Kosta Gushterov\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/x.com\/kostagushterov\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Kosta Gushterov\" \/>\n\t<meta name=\"twitter:label2\" 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