Sui and Libre Capital Partner for On-chain Investment Funds
- Sui, a Layer-1 blockchain network, has partnered with Libre Capital to offer tokenized financial instruments.
- The collaboration focuses on hedge funds, private credit funds, and money market funds.
- The partnership introduces Libre Gateway, providing access to the Laser Carry Fund (LCF) from Nomura’s Laser Digital.
- As of press time, SUI token price is $3.31, with recent declines of 22.9% over the past week and 33.9% over the past month.
- Analysts predict a potential price target of $5.5 for the SUI token in the near future.
Sui’s collaboration with Libre Capital aims to bridge traditional finance and crypto by offering diverse on-chain investment opportunities through the newly launched Libre Gateway. Despite current bearish trends, analysts forecast a potential rebound in SUI token prices.
Source (2.6)https://coingape.com/sui-collaborates-with-libre-capital-for-on-chain-fund-options-will-it-boost-sui-price/?rand=24432