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Multiple encryption entrepreneurs plan to raise $125 million to create the SuiStrategy company for the SUI financial strategy.
According to a report from Deep Tide TechFlow on June 24, KOL Crypto Fearless disclosed that several well-known cryptocurrency entrepreneurs plan to raise $125 million through bond issuance to purchase reserves of SUI Tokens and establish SuiStrategy Company.
The company's operating model will revolve around SUI Token, including holding tokens on the balance sheet, obtaining staking rewards, participating in the construction of RWA and derivatives, and achieving exit through public listing, equity models, or mergers and acquisitions.
The driving forces behind the project include WLF encryption consultant Matthew Morgan, Delano Capital managing partner Julian Bharti, Web3 Antivirus founder Alex Dulub, and lawyer Eric Galen. The plan has the support of the SUI community and aims to create a complete financial strategy system for SUI.