Sui Blockchain Joins Forces with Libre Capital for On-Chain Fund Investments, Eyes $5.5 SUI Price
Key Highlights:
- Sui blockchain partners with Libre Capital to introduce tokenized investment funds.
- The launch of Libre Gateway enables users to access various on-chain funds.
- Despite a bearish market, SUI aims for a $5.5 price target.
Sui, a Layer-1 blockchain network, has entered into a strategic partnership with Libre Capital, a leader in financial instrument tokenization. This collaboration enables community members to invest in a range of high-performing on-chain funds, including hedge funds, private credit funds, and money market funds.
Sui and Libre Capital Introduce Tokenized Funds
As per an official announcement, Sui has launched Libre Gateway, an initiative designed to grant accredited investors access to a diverse set of on-chain investment funds. This includes the Laser Carry Fund (LCF) by Nomura’s Laser Digital, a market-neutral fund aimed at optimizing yields.
Additionally, investors will gain exposure to various other funds from leading asset managers, broadening investment opportunities. Christian Thompson, Managing Director at Sui Foundation, highlighted the significance of this partnership, stating that leveraging Sui’s Move-based infrastructure will enhance institutional access to real-world assets securely and efficiently.
Libre Gateway Unlocks New Investment Prospects
The Libre Gateway launch on Sui introduces the tokenized Laser Carry Fund (LCF), a strategy designed to maximize returns by capitalizing on funding rates and yield opportunities within the crypto market. With Laser Digital’s expertise in risk management and capital markets, LCF aims to provide high-yield investment solutions.
Institutional and accredited investors seeking diversification in digital assets can leverage Libre Gateway for broader investment access. Libre CEO Dr. Avtar Sehra emphasized that this launch is a major step toward democratizing wealth and treasury management tools on Sui. He also noted that Libre would utilize Move-based infrastructure to facilitate additional services like collateralized lending for on-chain users.
SUI Price Targets $5.5 Amid Market Downtrend
At press time, SUI is trading at $3.31, reflecting a 4.99% daily decline. Over the past week and month, the token has suffered significant losses of 22.9% and 33.9%, respectively.
Despite the bearish sentiment, analysts anticipate a potential bullish reversal. Crypto analyst Crypto Tony has projected that SUI could surge to $5.5 in the near future. 
Similarly, TraderPA, another well-known market figure, has also set a $5.5 price target for SUI. However, whether the token will successfully break free from its current downtrend remains uncertain.
The success of SUI’s price recovery may largely depend on the adoption of Libre Gateway and the market’s response to its new investment opportunities.
