WalletConnect Enables Sui Blockchain for Institutional Investors, Driving DeFi Adoption

WalletConnect, a leading Web3 communication protocol, has announced its integration with Sui, a Layer 1 blockchain. This milestone partnership opens secure access for institutional investors to Sui-based decentralized applications (dApps) via the WalletConnect platform. By connecting custody platforms like Fireblocks, institutions can now interact seamlessly with Sui’s rapidly expanding decentralized finance (DeFi) ecosystem.

One notable first implementation of this integration is the ability for institutional entities using Fireblocks to trade Sui-based assets on Bluefin, a premier derivatives trading platform within the Sui ecosystem. Bluefin has officially become the first Sui dApp to offer institutional-grade services through WalletConnect, marking a significant advancement in blockchain adoption tailored to large-scale investors.

A Game-Changing Move for Institutional Blockchain Adoption

The introduction of Sui into WalletConnect’s supported network portfolio underscores the protocol’s ability to drive secure and regulatory-compliant multi-blockchain connectivity. This step is expected to attract institutional capital to emerging blockchain ecosystems while promoting the adoption of DeFi technologies on a broader scale. WalletConnect currently plays a pivotal role in the blockchain industry by linking over 20 node operators, more than 700 wallets, and upwards of 70,000 dApps, serving millions of users globally.

This integration positions WalletConnect as a trusted enabler of institutional participation in decentralized markets, helping traditional financial assets transition into the on-chain ecosystem. By providing bridges for compliance-focused connectivity, WalletConnect strengthens the foundation for institutional access and innovation in blockchain technology.

Institutional Access to Sui's DeFi Revolution

Institutional clients—including custody providers, investment firms, and corporate entities using Fireblocks—now have direct access to Sui’s promising DeFi ecosystem. Among its forward-thinking offerings is Bluefin, the first Sui-based DeFi platform specially tailored to meet institutional demand for trading services. Bluefin aims to set industry standards by leveraging Sui’s scalable architecture to deliver fast and reliable trading capabilities.

Beyond trading, Sui offers robust opportunities to institutional investors by streamlining blockchain activities, adhering to regulatory requirements, and enhancing options for liquidity provisioning. Joining networks like Bitcoin, Ethereum Virtual Machine (EVM) chains, and Solana, Sui becomes the latest addition to WalletConnect’s expansive portfolio, reinforcing institutional confidence in decentralized financial markets.

Christian Thompson, Executive Director of the Sui Foundation, emphasized the impact of the integration: “The Sui ecosystem’s immense growth is providing incredible opportunities for institutions. WalletConnect’s compliance-first connectivity ensures all participants can trade and lend with confidence. This partnership represents the next chapter of innovation in blockchain finance.”

Bluefin and SuiLend: Elevating Institutional DeFi Services on Sui

The integration also catalyzes new possibilities for institutional investors to harness advanced financial tools within the Sui ecosystem. Bluefin’s unique focus on derivatives trading and SuiLend’s superior lending protocols represent two cornerstone projects now accessible via WalletConnect. With both platforms utilizing Sui’s cutting-edge blockchain infrastructure, institutions gain streamlined access to high-value, scalable DeFi solutions.

Bluefin, recognized for its high-performance trading experience, exemplifies how Sui’s architecture unlocks advanced liquidity options and accelerates the institutional adoption of decentralized markets. Similarly, SuiLend, the largest lending protocol within Sui’s ecosystem, stands well-positioned to cater to institutional credit markets, delivering enhanced security and scalability for large-scale clients.

Together, Bluefin and SuiLend amplify Sui’s role as a hub for next-generation financial services. With WalletConnect’s integration, these platforms gain unprecedented visibility, potentially reaching millions of users and institutions while tapping into billions of dollars in capital flow.

WalletConnect’s Role in Scaling Blockchain Connectivity

WalletConnect reaffirmed its commitment to breaking down barriers within blockchain ecosystems. In its official statement, the protocol highlighted its focus on secure, compliant, and scalable connections that fuel economic activity across decentralized systems. By supporting over 70,000 dApps and facilitating billions of dollars in network transaction volume monthly, WalletConnect continues to lay the foundation for institutional adoption.

This milestone collaboration with Sui further exemplifies WalletConnect’s dedication to fostering seamless interoperability that drives tangible economic growth. By linking institutional investors and innovative blockchain applications, WalletConnect is paving the way for a new era of decentralized financial innovation.

The integration of Sui represents a significant step toward institutional adoption within blockchain technology. WalletConnect and Sui now stand as pivotal leaders in enabling secure, scalable participation in decentralized finance, setting the stage for an expanded ecosystem of innovation and liquidity.