SUI Group Holdings, previously known as Mill City Venture III, has successfully listed on Nasdaq under the ticker SUIG. The company, notable for its $450 million SUI crypto treasury, becomes the first publicly traded entity dedicated to SUI cryptocurrency. This milestone aligns with a significant increase in SUI's onchain activity, with transactions peaking at over 23.755 million blocks mined on August 27. The SUI Network has also experienced a substantial rise in its DeFi Total Value Locked (TVL), which grew by 44% from Q1 to Q2 2025, reaching $1.80 billion. Institutional interest in SUI has been on the rise since the crypto bull run in November 2024, and despite a recent price decline, the altcoin's outlook remains optimistic as it gains traction in the US market.