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Sui Foundation invests $30 million in DATA Network as AI data protocol migrates to Sui

MonitoringCryptoProtocol changeFirst tracked 2026-10-12Last changed 2026-10-12

Current outcome

Sui Foundation is investing $30 million into DATA Network, which will upgrade to run natively on Sui, retire its standalone chain, swap DATA tokens 1:1 to Sui, integrate with Walrus as default storage layer, and continue operating until transition completion.

Progress timeline

2 material updates
  1. #01
    Initial2026-10-12 02:00 · publication time

    Sui Foundation invests $30 million in DATA Network as AI data protocol migrates to Sui

    The Sui Foundation is investing $30 million into DATA Network, an AI data protocol that will upgrade to run natively on Sui and shut down its independent chain.

    Source evidence: The Block

  2. #02
    Confirmation2026-10-12 02:02 · publication time

    Sui基金会向DATA Network投资3000万美元,AI训练数据协议将迁移至Sui

    New report adds: DATA Network's standalone chain will be retired; existing DATA tokens will migrate 1:1 to Sui; Walrus will become the default storage layer for DATA Foundation-operated apps; Sui Foundation will become DATA Network's largest institutional holder alongside PIP Labs and DATA Foundation; the original network continues operating until transition completion, and the foundation will publish a detailed timeline before the upgrade.

    State after update: Sui Foundation is investing $30 million into DATA Network, which will upgrade to run natively on Sui, retire its standalone chain, swap DATA tokens 1:1 to Sui, integrate with Walrus as default storage layer, and continue operating until transition completion.

    Source evidence: theblockbeats · wublockchainenglish · The Defiant

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