Exchanges such as OKX, Bybit, and Kucoin announced that they will list $Sui Token and launch a subscription mechanism, instead of airdrop. Allow whitelisted users with contributions to the ecosystem to purchase $SUI from a pool at a very low price.
Ordinary users can also buy at a higher price through lottery. Binance has not announced the listing news.
In September last year, Sui development team Mysten Labs completed $300 million in financing, and FTX Ventures led the investment with Coinbase, Jump, a16z, Circle, Binance and others.
Yesterday, Mysten Labs paid $96 million to repurchase FTX’s equity stake and right to purchase Sui tokens as reported by The Block.