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Sui Foundation to Invest $30 Million in DATA Network, Becoming Its Largest Institutional Holder

Sui Foundation and DATA Foundation announced on October 12 that Sui Foundation will invest $30 million in DATA Network (formerly Story) and become the largest institutional holder of the network. DATA Network will upgrade to a protocol natively running on Sui, and the existing independent chain will be retired after the upgrade is completed; DATA tokens will be migrated at a 1:1 ratio, with holders' economic rights and governance rights maintained at least at current levels, and the arrangements for locked and vesting tokens remaining unchanged. Walrus will become the default storage layer for applications under DATA Foundation, and the Trace registry system will be integrated into the Sui ecosystem. Before the upgrade is completed, DATA Network will continue to operate, and the detailed timeline and holder transition plan will be announced prior to the upgrade.

Binance will remove 4 spot trading pairs including BONK

According to an official announcement, Binance stated that to maintain the quality of the trading market, it will remove the BONK/FDUSD, JUP/FDUSD, LDO/FDUSD, and WAL/BNB spot trading pairs and suspend trading on October 23, 2026, at 11:00 (UTC+8). The removal of these trading pairs will not affect the normal trading of the related tokens on other pairs across the platform. Corresponding spot trading bot services will also be discontinued at the same time.

Sui Foundation Invests $30 Million in DATA Network, AI Data Protocol to Migrate to Sui

According to The Block, the Sui Foundation is investing $30 million into the AI data training protocol DATA Network, becoming one of its largest institutional holders. Under the strategic partnership reached between the two parties, DATA Network will be upgraded to a native protocol on the Sui chain and integrated with the on-chain data storage platform Walrus, while its original independent blockchain will be deactivated.

Walrus Console supports portable files and Agent memory, offering 5GB of free space

Sui posted on X, stating that data should not be locked within a single application or service provider. Walrus Console supports portable files and Agent memory, provides privacy protection by default, and can be independently verified without additional synchronization or migration; users can use 5GB of space for free.