What is staking in cryptocurrency?

Staking is the process of actively participating in transaction validation on a proof-of-stake blockchain by locking up a certain amount of cryptocurrency to earn rewards.

DeFi, or decentralized finance, refers to financial services that operate on blockchain technology, allowing users to lend, borrow, and trade without traditional intermediaries.

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Finance

Copper & Sui Partner to Build Out Full Institutional Accessibility

Published by Jessica Weisman-Pitts

Posted on June 26, 2024

2 min read

Last updated: January 30, 2026

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Copper and Sui partnership announcement for institutional finance accessibility - Global Banking & Finance Review — This image represents the strategic partnership between Copper and Sui, enhancing institutional accessibility in finance. It highlights the integration of advanced custody and DeFi solutions, showcasing the growth of the Sui ecosystem for institutional players.

Copper & Sui partner to build out full institutional accessibility

London, UK, June 26th, 2024, Chainwire

The integration with Sui includes custody support for L1 and L2, built-in staking support, and DeFi connectivity.

Copper, a leader in digital asset custody, collateral management, and prime services, is excited to announce its latest integration with Sui, a high-performance Layer 1 blockchain and smart contract platform. The strategic partnership will enable robust custody infrastructure support for stablecoin and Real-World Asset (RWA) issuers on Sui such as Ondo (USDY), marking a significant advancement in connecting institutional finance to on-chain opportunities on the Sui Network.

With Copper on board, the Sui ecosystem now has built additional foundational infrastructure necessary to enable institutional players to leverage Sui’s industry-leading decentralized technology platform, addressing the need for financial institutions seeking efficient treasury services for their tokens.

“This strategic partnership, integrating Copper’s enterprise-grade custody tooling, exemplifies the continued maturation of the Sui ecosystem into a platform capable of supporting the heightened infrastructure needs of Sui’s institutional builders and users,” said Greg Siourounis, Managing Director of the Sui Foundation. “We are truly excited about the number and diversity of new projects and assets this partnership will enable for both the Copper and Sui ecosystems.”

The first phase of support, encompassing SUI and native Sui-tokens is currently complete, making Copper a custodian for these assets. The immediate availability of Copper’s infrastructure on Sui means it is ready to serve the needs of large institutional traders and market makers today. Further features in staking and DeFi are in development and will be integrated soon, significantly expanding the functionality of Copper’s offerings on Sui.

“We’re excited to be a part of the SUI ecosystem with Copper as custodian,” commented Dmitry Tokarev, CEO of Copper. “With staking and DeFi features currently in development, we’re looking forward to the evolution of this partnership.”

Contact

media@sui.io

Copper & Sui Partner to Build Out Full Institutional Accessibility