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Sui Foundation

9 Forum Lane, Camana Bay, Suite 3119, Grand Cayman, KY1-9006, Cayman Islands

Overview

Sui Foundation is an independent organization that grows and cultivates long-term value in the Sui ecosystem.

Total investments
9
Lead investments
2
Investments · 12mo
6
Active investors
4

Sector focus

  • Blockchain
  • Developer Platform
  • Web Development
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Investment portfolio

  • TBook

    Participated · Equity · Jan 2026

    TBook’s core product is an embedded RWA liquidity layer designed to streamline how real-world-asset issuers reach vetted users. Its infrastructure relies on a proprietary three-layer stack: an Identity Layer featuring Incentive Passports and vSBTs, an Intelligence Layer powered by the WISE credit-scoring engine, and a Settlement Layer called TBook Vault. Together, these layers provide identity verification, credit assessment, and secure settlement for on-chain RWA transactions. The company has attracted a broad investor base—including SevenX Ventures, Sui Foundation, Mask Network, HT Capital, VistaLabs, Blofin, Bonfire Union, LYVC, and GoPlus—resulting in cumulative financing of more than $10 million and a valuation topping $100 million. TBook plans to hold a Token Generation Event (TGE) in the first quarter of 2026, signaling an eventual move toward token-enabled functionality and community ownership. Although specific revenue or user metrics were not disclosed, the sizable valuation and multi-layer architecture suggest an ambition to become foundational infrastructure for RWA liquidity in Web3.

  • Talus Network

    Participated · Equity · Dec 2025

    Talus Network operates a new Layer-1 blockchain designed to let AI models act as fully on-chain agents that can execute tasks and manage assets without centralized intermediaries. Its infrastructure includes the Nexus protocol (currently in testnet), a no-code AI-agent builder called Talus Vision, and the consumer app Idol.fun where agents compete in social settings. The project’s native $US token, with a 10 billion total supply, debuted on multiple exchanges on 11 December and quickly climbed about 15 percent, stabilizing near $0.020. Early investors were allocated 2.2 billion tokens that unlock gradually to limit sell pressure. Backers have provided more than $10 million, valuing the project at roughly $150 million. This capital is intended to accelerate product roll-outs and attract additional developers and users to the network. Although revenue and user counts were not disclosed, initial trading interest indicates strong market traction for its AI-centric blockchain vision.

  • Bluwhale

    Participated · Series A · Oct 2025

    Bluwhale offers a consumer-first platform that matches a user’s financial health score with an AI agent marketplace, enabling enterprises and developers to launch always-on financial services for a digitally native Gen Z audience. The company’s Layer-3, multi-chain infrastructure supplies data, storage, and compute to hundreds of AI agents that recommend assets and execute transactions securely on blockchains. Bluwhale’s ecosystem now serves more than 3.6 million users worldwide, positioning it as a leading real-world application of AI and blockchain convergence. On October 21, 2025 the firm conducted a Token Generation Event for $BLUAI, the native token that fuels its decentralized AI network. Management plans to direct new capital toward broadening institutional partnerships and integrating AI agents into everyday financial applications. By targeting the forthcoming wealth transfer to Millennials and Gen Z, Bluwhale aims to modernize financial services that remain reliant on physical branches and manual processes. Backing from both global banks and leading blockchain foundations underpins the company’s strategy to build secure, scalable, and interoperable AI for traditional and Web3 markets.

  • Ferra

    Participated · Seed · Oct 2025

    Ferra has built and launched the first Decomposable Liquidity Market Maker (DLMM) decentralized exchange on the Sui blockchain, integrating Concentrated Liquidity Market Maker (CLMM) and Dynamic Automated Market Maker (DAMM) mechanisms. The protocol is already live on Sui mainnet, giving users access to capital-efficient liquidity provisioning and trading. By unifying CLMM and DAMM, Ferra aims to improve price execution and reduce impermanent loss relative to traditional AMMs. The company’s product is positioned to serve the growing Sui ecosystem and benefit from on-chain composability. Proceeds from its recent financing will be used to expand development, enhance liquidity incentives, and scale user adoption. No revenue, user, or other operating metrics were disclosed in the coverage.

  • xMoney

    Led · Equity · Oct 2025

    xMoney operates an online payments platform that lets merchants accept cards (Visa, Mastercard), Apple Pay, Google Pay, cryptocurrencies and stablecoins through a single integration. Its full compliance with the EU’s forthcoming MiCA (Markets in Crypto-Assets) framework positions the company as a regulatory first-mover against incumbents like Stripe and PayPal in the crypto-payments segment. The firm is building an ecosystem that will include card issuing, on/off-ramp services and stablecoin settlement. As part of its roadmap, xMoney will launch its own utility and governance token, XMN, on 9 October 2025 via the Sui blockchain to power fee discounts, loyalty rewards and future governance. Merchant incentive programs tied to XMN are scheduled for rollout in 2026, with expanded governance rights planned for 2027. The company recently secured $21.5 million in strategic funding to scale its infrastructure and accelerate adoption. No revenue or user figures were disclosed in the article.

Team

  • Asha Mungara

    Head of People + Employment Counsel

    LinkedIn
  • Brian Hennessey-Hsieh

    Head of Developer Relations

    LinkedIn
  • Kostas Chalkias

    Co-founder and Chief Cryptographer

    LinkedIn
  • Christian Thompson

    Managing Director

    LinkedIn