Grayscale Goes a Step Further with the Launch of Trust DEEP and WAL in the Sui Ecosystem

Jakarta, Pintu News – Grayscale, a leading investment company, recently announced the launch of two new investment trusts tied to the DeepBook (DEEP) and Walrus (WAL) protocols on the Sui network.

This move marks an expansion of Grayscale’s focus from Layer 1 exposure to the infrastructure layer that powers Sui, giving accredited investors direct access to the centralized order book and on-chain data layer that is a critical part of one of the fastest growing crypto ecosystems.

Check out the full information below!

Grayscale and the New Infrastructure Investment Strategy

With the launch of the DeepBook and Walrus trusts, Grayscale is showing a shift in institutional investment strategy in crypto. The focus is now more on infrastructure that supports blockchain adoption rather than just playing in speculative tokens.

DeepBook is designed to provide institutional-grade liquidity, while Walrus offers a scalable and privacy-conscious on-chain data storage solution. Both protocols are considered crucial to Sui’s design, enabling low-latency trading and efficient data storage for DeFi, gaming, and social applications.

Adeniyi Abiodun, Co-Founder and CPO at Mysten Labs, emphasized that the launch of this product is an important moment in the development of the Sui ecosystem. Mysten Labs and network contributors continue to provide critical infrastructure for the broader blockchain ecosystem.

Read also: 5 Phases of Altcoin Season

Market Response to Trust DEEP and WAL

According to data from CoinMarketCap, DEEP and WAL rank 113th and 110th in terms of market capitalization, with values of $580 million and $609 million, respectively. The announcement from Grayscale has triggered a surge in the price of both tokens.

DEEP jumped 12% to $0.1691, while WAL rose 7% to $0.4304. These price spikes indicate the market’s positive response to the protocol validation by large institutional players such as Grayscale.

It also signals recognition and confidence in the long-term potential of the infrastructure built by Sui. However, Grayscale reminds investors of the risks involved, given that both protocols are new and their adoption curves are yet to be proven.

Also read: 4 Biggest Crypto Airdrops in August 2025

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Reference

• Crypto News. Grayscale Targets Suis Infrastructure Layer via DEEP and WAL Token Trusts. Accessed on August 14, 2025
• Featured Image: U Today