[Sui Foundation to Invest $30 Million in DATA Network, Becoming Its Largest Institutional Holder] Odaily Planet Daily News - On October 12, Sui Foundation and DATA Foundation announced that Sui Foundation will invest $30 million in DATA Network (formerly Story) and become the network's largest institutional holder. DATA Network will be upgraded to a protocol natively running on Sui, and the existing independent chain will be retired after the upgrade is completed. DATA tokens will migrate at a 1:1 ratio, ensuring that holders' economic interests and governance rights remain at least at their current levels. The arrangements for locked and vesting tokens will remain unchanged. Walrus will become the default storage layer for applications under DATA Foundation, and the Trace registration system will be integrated into the Sui ecosystem. Before the upgrade is completed, DATA Network will continue to operate, and a detailed timeline and transition plan for holders will be announced prior to the upgrade.