Sui Gains 4% as Swiss Banks Expand Regulated Services for Institutional Clients
Sui’s (SUI) price rose 4% over the past 24 hours to $3.82, following the launch of new trading, custody, and lending products by Swiss digital asset banks Sygnum and Amina.
Sygnum has broadened its platform offerings, allowing regulated institutional investors in Switzerland to buy, hold, and borrow against SUI, thereby increasing access to the layer-1 blockchain ecosystem within the framework of Swiss financial regulations. These products target professional investors seeking compliant exposure to emerging digital assets.
Earlier this week, Amina Bank also began providing trading and custodial services for SUI, positioning itself as the first regulated bank globally to support the blockchain’s native token.
The announcements triggered a surge in trading activity. According to CoinDesk Analytics, SUI’s volume spiked to 36.45 million tokens around midnight, more than doubling the daily average of 14.31 million. Buyers defended a support range between $3.72 and $3.74—a price floor that has held steady since mid-July and is considered critical by traders.
SUI’s recent gains have mirrored the broader market rally, with the CoinDesk 20 Index rising 4.5% in the past day. Over the past month, SUI has gained 7%, trailing behind the CD20’s 24% increase.
For institutional clients, the expanded regulated access to newer blockchains like Sui signals growing confidence among banks in integrating networks beyond the top-tier cryptocurrencies. This development may enable asset managers, corporate treasuries, and high-net-worth investors to diversify within regulated environments.
Developed by Mysten Labs, Sui aims to deliver fast and cost-efficient transactions through an innovative “objects” data structure designed to improve scalability. Increased support from regulated banks like Sygnum and Amina could bolster its adoption among developers and real-world users.
As demand for bank-facilitated blockchain exposure grows, Sui may enhance its position not only with traders but also with enterprise clients.