PANews|Jun 26, 2026 01:47
[Bluewater Acquires Suilend, Bluefin Founder Zabi to Serve as Suilend CEO]
Bluefin founder Zabi announced on the X platform that Bluewater has acquired the Sui ecosystem lending protocol Suilend, and Zabi will take on the role of Suilend CEO. Zabi stated that in the coming months, plans include introducing institutional capital into the Sui ecosystem, integrating RWA, enhancing liquidity, and launching next-generation retail lending products. Several institutional partnerships are already underway, with the goal of establishing Suilend as the capital hub on the Sui chain. Suilend will operate as an independent platform, retaining its own brand, community, and product direction, while Bluefin will also continue to operate independently. Zabi emphasized that his personal focus on Bluefin's core remains unchanged, and the acquisition will not affect Bluefin's development goals.
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