BTC 
ETH 
BNB 
XRP 
SOL 
TRX Sui Foundation invests $30M in DATA Network as it migrates to Sui
The Sui Foundation is investing $30 million in DATA Network, which will migrate to run natively on Sui and retire its independent chain, according to The Block, The Defiant and Cointelegraph. The Defiant reports DATA balances will carry over one-for-one onto Sui, while validator staking and smart contracts on the chain formerly known as Story will wind down.
Why “Unverified”
- 3 independent sources (The Block, Cointelegraph, The Defiant), but no primary confirmation
3 independent source groups across 3 posts · evidence score 90/100. How labels work
What the sources claim
-
The Sui Foundation is investing $30 million in DATA Network.
“Sui Foundation invests $30 million in DATA Network”
The Block -
DATA Network will be upgraded to run as a protocol natively on Sui and its independent chain will be retired.
“DATA Network is set to be upgraded to run as a protocol natively on Sui, and its independent chain will be retired.”
The Block -
DATA balances are slated to carry over one-for-one onto Sui.
“DATA balances are slated to carry over one-for-one onto Sui”
The Defiant -
Support for validator staking and smart contracts on the chain formerly known as Story will wind down.
“support for validator staking and smart contracts on the chain formerly known as Story will wind down”
The Defiant -
The migration is backed by a $30 million investment from Sui Foundation.
“The migration is backed by a $30 million investment from Sui Foundation.”
Cointelegraph
Sources
More in Protocols & Tech
Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-12 15:50 UTC. Labels are computed from the sources, not by the model.