
This is a big step forward for DATA with a $30M investment from Sui. This makes Sui Foundation the largest holder of DATA, above DATA Foundation and PIP Labs.
Our founder SY Lee is also joining Sui as a strategic adviser on AI and training data.
Most importantly, bringing Trace and the 275M+ data receipts onto the Sui stack gives us the infrastructure to go beyond provenance alone, with reference data storage, access control, and stronger verification for the real-world data AI increasingly depends on.
Excited for what we will build together.
The DATA Foundation @datafdn
DATA is coming to
@SuiNetwork.
The DATA Network and Trace are joining the Sui stack, bringing a live supply of rights-cleared AI training data to infrastructure built for AI workloads.
With 250M+ receipts already recorded by Trace, AI labs will be able to source real-world data with verifiable provenance, while
@WalrusProtocol provides the underlying storage layer.
Sui Foundation is investing $30 million in the DATA Network, establishing the largest institutional stake in the network, alongside the continuing holdings of PIP Labs and the DATA Foundation. Furthering the alignment, SY Lee, founder of the DATA Network and CEO of PIP Labs, joins Sui Foundation as Strategic Advisor.
In the coming months:
▸ The DATA Network will be upgraded to run as a protocol natively on Sui
▸ Walrus becomes the default storage layer for DATA Foundation apps
▸ $DATA remains the token of the DATA protocol
The next chapter of DATA starts here.