Today marks another milestone in our partnership with
@officialSUIG.
We're thrilled to announce that SUI Group Holdings (NASDAQ: SUIG) will lend Bluefin an additional 4M SUI, reinforcing our long-term partnership and shared vision for the future of onchain finance.
Bluewater has acquired Suilend, and I'll be stepping in as CEO to help lead its next chapter.
Over the last 6+ years, nearly every waking hour of my life has gone into building Bluefin, and that’s not changing. When we started the company in 2020, we had a belief: financial markets would eventually live onchain, and over time, a new generation of financial infrastructure would emerge that was more open, transparent, and accessible.
Our ambition from day one was to build one of the leading trading venues. Today, that ambition only becomes stronger.
We've gone through multiple market cycles, rebuilt products from the ground up, and learned firsthand how much work still remains. While Bluefin has grown, I continue to view what we've accomplished so far as only the beginning of a much larger journey.
One of the reasons we’re so excited about this next chapter is the opportunity to accelerate what lending on Sui can become. We’re grateful for the trust that @MariusBarnett and @officialSUIG have placed in us, and we’re committed to building on the strong foundation the team has created. Over the coming months, we plan to bring new institutional capital, major RWA integrations, deeper liquidity, and a new generation of retail lending products to the ecosystem - with several institutional partnerships already in the pipeline. Our goal is simple: make Suilend the home for capital on Sui and help expand the role it plays within the broader onchain financial system.
We’ve known the Suilend team for years and have always respected the way they approached building. They focused on creating products that users could trust and took a deliberate approach to growth, security, and execution. Those qualities matter (a lot) when you're building infrastructure that people rely on with their money.
Suilend will continue operating as an independent platform with its own brand, community, and product direction. Bluefin will continue operating independently with the same mission that has guided us from the start. The objective is not to merge two products into one. The objective is to create stronger foundations for both platforms while allowing each team to remain focused on what they do best. I also want to be clear that stepping into this role does not come at the expense of Bluefin. Bluefin remains a core focus for me personally. Our goal of growing Bluefin into one of the leading trading venues in crypto remains unchanged.
Conviction is earned through experience. That’s why after 3 years of building on Sui, our belief in where this ecosystem is heading is stronger than ever.
We see an opportunity to contribute meaningfully to that future. Together, we will bring more users, more liquidity, and increasingly larger pools of institutional capital onto the network.
Much of the work is still ahead of us, but our approach remains the same as it has always been: stay focused, continue building, and never compromise on security.
As we move through this transition, user trust remains at the center of every decision we make.
I'm incredibly excited about what lies ahead for both Bluefin and Suilend, and even more excited about what we can help build on Sui over the coming years. Thank you all for your trust and support.
The work continues.