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WalletConnect Accelerates Institutional Entry into Sui DeFi via Fireblocks Integration
WalletConnect, the leading protocol for connecting Web3 wallets, has become a cornerstone of infrastructure by bridging Fireblocks, an institutional-grade digital asset platform, with Sui, a high-performance Layer-1 blockchain. This milestone integration offers institutional investors an unparalleled, secure gateway into the thriving Sui ecosystem, drawing substantial attention across the blockchain industry.
By leveraging WalletConnect, institutional entities such as fintech companies, investment funds, and Web2 gaming studios using Fireblocks can seamlessly access Sui’s decentralized finance (DeFi) ecosystem without compromising their existing security measures.
"Institutions can now access @SuiNetwork via @FireblocksHQ, powered by WalletConnect. Here’s what it unlocks for the on-chain financial internet ↓," WalletConnect announced via Twitter on July 22, 2025.
WalletConnect: The Trusted Gateway to Sui's DeFi Ecosystem
WalletConnect is emerging as the essential connective infrastructure for institutions seeking entry into Sui’s DeFi landscape. By integrating WalletConnect, institutional users can interact with an extensive range of decentralized applications (dApps) on the Sui blockchain, all while preserving their assets within Fireblocks’ secure custody environment.
This capability aligns with institutional needs for high levels of security and seamless regulatory compliance. WalletConnect facilitates secure, non-custodial interactions, enabling institutions to explore on-chain opportunities without foregoing asset control or risking regulatory breaches. Through encrypted session handling, WalletConnect ensures the integrity of institutional DeFi operations.
The integration is made possible by Reown’s WalletKit SDK, a Sui development infrastructure that guarantees streamlined functionality for institutional-grade users.
Fireblocks Expands Sui Network Services via WalletConnect Integration
WalletConnect enables Fireblocks to bolster its service offerings for clients engaging with the Sui network. Institutional customers can now securely store and transfer SUI tokens and Sui-based assets, while future functionality may include expanded access to DeFi protocols and staking opportunities.
Through the Sui blockchain's high-speed, scalable infrastructure, institutional players gain a powerful edge to explore lucrative sectors such as payments, trading, and real-world asset (RWA) tokenization. These areas demand robust infrastructure that aligns with institutional performance standards, making Sui an attractive option for crypto-focused enterprises and investors.
This integration caters to ongoing institutional demand for secure and trustworthy blockchain solutions, further bridging traditional finance with Web3 innovations.
Institutional Momentum Fuels Sui Ecosystem’s Growth Trajectory
The integration builds upon the rapid growth of the Sui ecosystem, which has become a focal point for institutional interest. Sui boasts a Total Value Locked (TVL) of $1.7 billion (approximately KRW 2.34 trillion), securing its position as the 9th largest blockchain by TVL globally. Over the last 30 days, its decentralized exchange (DEX) trading volume reached $8.1 billion (approximately KRW 11.18 trillion), placing it 8th among blockchains in trading activity.
Prominent institutional entities such as Grayscale and Franklin Templeton have already committed to the Sui ecosystem. There are even moves toward launching SUI spot ETFs, further signaling institutional confidence. Nick van Eck, CEO of Agora—the issuer behind AUSD stablecoin—commented, "We've been eagerly anticipating this integration. It’s fantastic news that institutions can now safely hold and utilize AUSD within the Sui network."
In addition to deepened institutional access, Sui projects can now benefit from Fireblocks’ extensive network of over 2,000 institutional clients. This provides opportunities to unlock wider liquidity channels and fosters sustainable growth for the Sui ecosystem.
Paving the Path for Institutional Capital Influx
The collaboration between WalletConnect, Fireblocks, and Sui signals growing momentum for institutional blockchain adoption. By providing secure, reliable infrastructure and access to Sui’s advanced capabilities, the partnership positions the Sui ecosystem to attract a significant wave of institutional capital.
As the blockchain landscape evolves, integrations like these play a pivotal role in aligning institutional-grade services with next-generation DeFi solutions. This development solidifies Sui’s status as a leader in innovation, scalability, and institutional trust.
