Grayscale launches two trusts linked to Sui ecosystem protocols

DeepBook and Walrus’s “Winter Walrus” are ranked outside of the top 10 Sui ecosystem protocols, according to DefiLlama.

Grayscale announced the launch of two single-asset trusts linked to the Sui ecosystem on Tuesday amid a recent surge in activity on the network.

According to an announcement, the two trusts are investment vehicles that provide accredited investors exposure to the native tokens of DeepBook (DEEP) and Walrus (WAL). The move comes almost a year after Grayscale launched its first Sui product.

DeepBook is an onchain order book that has reportedly processed over $10 billion in volume. Walrus is a platform that offers programmable data storage. The Walrus Foundation raised $140 million from Standard Crypto and others in March 2025.

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