Mill City Ventures III, Ltd. (NASDAQ: MCVT) and Galaxy Digital have announced a landmark partnership: the creation and management of a $450 million SUI treasury. This is currently the largest SUI holding on public markets and could reshape how both retail and institutional investors gain exposure to the SUI blockchain ecosystem.
Merging financial expertise with blockchain innovation
Galaxy Digital, a leading player in digital assets, is not just managing the treasury, it’s also becoming a major investor in Mill City. With institutional-grade infrastructure and deep market experience, Galaxy is providing the tools needed to actively manage SUI, the native cryptocurrency of the SUI blockchain.
Why this matters
SUI is designed for mass adoption, offering high-speed transactions at low cost. By making SUI accessible through a publicly traded company, Mill City creates a new, regulated entry point for those wanting blockchain exposure without using complex crypto exchanges.
For investors, this means more transparency, improved liquidity, and the security of a regulated framework, three things often missing from the crypto world.
Tangible benefits for shareholders
Mill City aims to grow its SUI-per-share through active management and tailored staking strategies, which lock up tokens to generate additional income.
For Galaxy Digital, this partnership reflects a strong belief that digital assets have a place at the heart of traditional financial markets.
A strong signal for blockchain’s future
By combining significant capital, proven asset management expertise, and a long-term vision, Mill City and Galaxy are sending a clear message: the SUI blockchain isn’t just for insiders. It’s a technology with potential to reach a much wider audience, while aligning with the standards of traditional finance.