Bluewater has acquired Suilend, a lending protocol within the Sui ecosystem, with Bluefin founder Zabi set to become the new CEO of Suilend. Announced on X, Zabi outlined plans to introduce institutional capital, integrate real-world assets, enhance liquidity, and develop new retail lending products for the Sui ecosystem. The acquisition aims to position Suilend as a central capital hub on the Sui chain, with several institutional partnerships already underway.
Suilend will maintain its brand and operate independently, while Bluefin will continue its separate operations. Zabi assured that his commitment to Bluefin remains unchanged and that the acquisition will not impact Bluefin's development objectives.
Bluewater Acquires Suilend; Bluefin's Zabi to Lead as CEO
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
