Sui Foundation invests $30 million in DATA Network as AI data protocol migrates to Sui

Written and edited by the WorldPing NewsdeskPublished Updated Original reporting: The Block
Sui Foundation invests $30 million in DATA Network as AI data protocol migrates to SuiWorldPing
Image via The Block.

What happened

DATA Network is set to be upgraded to run as a protocol natively on Sui, and its independent chain will be retired.

Key facts

  • Reported by The Block and published Mon, 12 Oct 2026 02:00:00 UTC.

Why it matters

Digital-asset markets react to catalysts within minutes, and liquidity, ETF flows and regulatory signals are usually what decide whether a move sticks.

What to watch next

  • Whether spot volume and open interest confirm the move
  • Liquidation clusters around the current price
  • ETF flow data and any regulatory follow-up

Coverage timeline

When each newsroom published on this story, oldest first — all times UTC.

  1. Liquid Network at 86% Backing as Bitcoin Redemption Freeze Drags On

  2. Trader nets $1.28 million on new 1,000x exchange Papertrade by moving Hyperliquid’s ETH prices

  3. Sui Foundation invests $30 million in DATA Network as AI data protocol migrates to Sui

Sources

The original report was published by The Block. WorldPing does not claim that reporting — this page summarises and contextualises it.

Read the full report at The Block

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