AMINA Bank AG, a regulated Swiss crypto bank, has expanded its services to include custody and trading of SUI, the native token of the Sui blockchain. This initiative marks AMINA as the first licensed bank globally to offer both custody and trade for SUI, positioning itself ahead of expected broader market adoption.

The move follows several applications filed by asset managers for exchange-traded funds (ETFs) tied to SUI, such as those from Canary Capital, 21Shares, and Bitwise. These filings indicate a growing push to make SUI more accessible to both institutional and retail investors through traditional financial products.

In the coming months, AMINA clients will also be able to engage in staking of SUI tokens, according to company officials. The service includes governance measures designed to meet compliance and audit standards. Trading on the platform is unrestricted by volume caps or position limits.

Institutional demand and blockchain infrastructure

Sui’s underlying architecture has been engineered to cater to the needs of large institutions, emphasizing speed and scalability. The Layer-1 blockchain promises to support latency-sensitive applications and enterprise use cases, as evidenced by total value locked on Sui reaching USD 2.2 billion since its launch two years ago.

AMINA Bank officials stated that supporting SUI aligns with their mission of providing institutional clients early access to infrastructure-level digital assets. The bank seeks technologies poised for broader adoption and aims to integrate them into its regulated platform before they become mainstream.

Mysten Labs, the company behind Sui, noted that partnering with a regulated institution like AMINA enhances their ability to reach traditional financial channels. They also highlighted that the Sui platform is designed to handle the scale required by banks and large enterprises, and this collaboration accelerates its adoption.