SUI Group Expands Bluefin Loan by 4M SUI to 6M Total, Raises Revenue Share to 11%

SUI4.28%
BLUE1.18%
SEND-0.20%

According to Foresight News, SUI Group (Nasdaq: SUIG) expanded its digital currency loan agreement with Bluefin, a decentralized exchange on the Sui blockchain, on June 25. The company will provide an additional 4 million SUI tokens, raising the total loan to 6 million SUI, while increasing the revenue share from 5% to 11%, payable in SUI.

The additional capital is intended to support Bluefin's participation in Bluewater's financing arrangement for acquiring Suilend, a lending and DeFi platform on the Sui blockchain.

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