Sui has teamed with Franklin Templeton Digital Assets to improve its ecosystem and blockchain technology.

A Sui post said the cooperation would enable Sui ecosystem developers and use Franklin Templeton's blockchain, digital assets, and investment strategies knowledge.

Since 2018, Franklin Templeton Digital Assets has operated validators, researched, and developed blockchain investing methods.

Its research team guides project development and investments using tokenomics study of blockchain-based token supply and demand.

VanEck listed its SUI exchange-traded note on Euronext Amsterdam and Paris in early November.

According to the statement, the alliance focuses on potential Sui projects including Deepbook, a decentralized order book for DeFi trading, Karrier One, a decentralized mobile network, and Ika, a safe cross-chain tool.

These examples show how blockchain technology is used in banking and telecom.

This follows a trend of large financial organizations researching blockchain. Asset manager Grayscale formed an SUI trust this year.

Sui supports stablecoins like USDC.