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HYPE $43.07 -3.13%
AAVE $93.50 -16.27%
SUI $0.9436 -3.15%
XLM $0.1681 -0.78%
ZEC $325.38 -0.28%

Mill City Ventures III announces the raising of $450 million to launch the SUI treasury strategy

2025-07-28 20:30:30
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ChainCatcher news, according to Businesswire, Nasdaq-listed Mill City Ventures III announced that it has signed a securities purchase agreement to raise $450 million to initiate the SUI treasury strategy. Karatage Opportunities is the lead investor for this fundraising, with the Sui Foundation also providing funding. Other participants include Big Brain Holdings, Galaxy Digital Inc, Electric Capital, GSR, Selini, Protagonist, ParaFi Capital, and others.

It is reported that this transaction is expected to be completed around July 31, 2025, subject to customary closing conditions.

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