Sui Climbs 4% as Swiss Banks Roll Out Regulated Services for Institutional Investors
Sui (SUI) rose 4% over the past 24 hours to $3.82 after two Swiss digital asset banks—Sygnum and Amina—expanded their institutional offerings to include the token.
Sygnum, a licensed Swiss bank, now supports trading, custody, and lending services for SUI, providing regulated institutional clients with exposure to the layer-1 blockchain within the framework of Swiss financial laws. The move significantly broadens institutional access to Sui’s ecosystem.
Earlier this week, Amina Bank also launched SUI trading and custody support, calling itself the first regulated bank globally to offer direct services for the blockchain’s native asset.
The dual announcements appear to have fueled a spike in trading activity. According to CoinDesk Analytics, trading volume jumped to 36.45 million tokens around midnight—more than double SUI’s average daily volume of 14.31 million. Buyers defended a key support range between $3.72 and $3.74, a level that has acted as a reliable price floor since mid-July.
SUI’s price action aligned with the broader crypto market, as the CoinDesk 20 Index gained 4.5% over the same period. On a monthly basis, SUI is up 7%, though it lags behind the broader market’s 24% rise.
Beyond the short-term price move, the expansion of regulated access to SUI highlights a growing trend: traditional financial institutions are increasingly open to integrating emerging blockchain networks. For asset managers, corporate treasuries, and high-net-worth clients, this means more tools to diversify within compliant structures.
Sui, developed by Mysten Labs, is designed to offer fast, low-cost blockchain transactions using a unique architecture built around programmable “objects” to enhance scalability. Institutional access via banks like Sygnum and Amina could further support Sui’s appeal among developers and enterprise partners.
If demand for regulated blockchain access continues to rise, Sui may benefit not only from speculative flows but from long-term, utility-driven adoption.
