Asset Tokenization Is Increasingly Tempting, SUI Collaborates With New Partners

JAKARTA - The tokenization sector of real-world assets (RWA) has been on the rise in recent months. This trend is driven by the presence of crypto-based investment products, such as Bitcoin exchange-traded funds (ETF), which provide portfolio diversification for investors. With this product, investors can access alternative assets without having to go directly into the often turbulent crypto market.

Sui (SUI), a blockchain known for its scalability and convenience for developers, is now focusing its attention on RWA tokenization. Sui officially cooperates with Ant Digital Technologies and Web3 solution provider, Zan. The collaboration, announced on Friday, December 13, aims to make it easier for global investors to access environmental, social and governance-based assets (ESG) by utilizing blockchain technology.

Last Friday's official announcement revealed that this collaboration will bring tokenized ESG assets into Sui's blockchain network. Ant Digital and ZAN will work closely with Sui to ensure the success of this tokenization process. With the advantage of blockchain transparency and efficiency, these assets are expected to be an option for investors who want to integrate their sustainability value into their portfolio.

This partnership is part of Sui's great strategy to expand its ecosystem. Sui has also noted other achievements, such as integration with Backpacks, digital wallet platforms and multi-asset exchanges, which are expected to be able to improve developer activity and boost user adoption.

Blockchain Sui continues to expand its reach by introducing USDC and FUSD token deposits and withdrawal features on Coinbase and Binance. This feature makes it easier for users to transact on the Sui network. In addition, Sui has also connected to Solana-based Phantom wallets.

As part of further development, Sui launched Sui Bridge on the testnet to improve cross-chain interoperability. This step affirms Sui's commitment to building a scalable and user-friendly ecosystem, both for developers and investors.

Global Tokenization Market Growth

Data from Defilama notes that the total value of the locked (TVL) on the Sui blockchain has reached US$2.3 billion (Rp36.8 trillion). Several key protocols in the Sui ecosystem, such as NAVI Protocol, Suilend, Scallop, and Cetus AMM, show the strength of this blockchain in the decentralized finance sector (DeFi) and gaming.

At the global level, the RWA tokenization market continues to grow rapidly, with a value already exceeding 13 billion US dollars (Rp208 trillion). This growth was driven by innovations from platforms such as Sui, Copper, and Bybit. By expanding its reach, Sui further solidified its position as a major player in the RWA market.