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Sui Invests $30M as DATA Network Shuts Down Its Blockchain

Summary by crypto.news
Sui Foundation invests $30 million in DATA Network, which plans to move its tokens to Sui, retire its blockchain and use Walrus for AI data storage.

18 Articles

The Daily HodlThe Daily Hodl
+9 Reposted by 9 other sources
Center

DATA Network joins Sui and Walrus to scale the supply chain for AI training data

Palo Alto, United States, 12th October 2026, Chainwire

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Sui Foundation will allocate USD 30 million to DATA Network, which will leave its independent network behind to operate as a native Sui protocol. The alliance also incorporates Walrus as a default storage and places Trace in the center, a tool that records the provenance and rights of data use to train artificial intelligence.

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The Daily Hodl broke the news on Sunday, October 11, 2026.
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