$450M Sui Treasury Strategy: Mill City Ventures Secures Backing From Top Crypto Players – Blockonomi
TLDR: Mill City shifts focus to a $450M Sui crypto treasury strategy. Sui Foundation and Karatage jointly lead the private placement round. Galaxy, Pantera, Electric, and others back the first public SUI-heavy balance sheet. 98% of proceeds will go to SUI token buys, signaling major institutional demand. A new crypto treasury play is taking shape….