Sui Foundation introduced a $30 million funding in DATA Network on October 12 as the protocol prepares emigrate onto Sui. The settlement would make the muse its largest institutional holder.
DATA Network plans to retire its unbiased blockchain after finishing the transition. The foundations haven’t introduced a migration date, and the present community will preserve working till the transfer is full.
DATA Network Plans Its Sui Transition
The reported investment agreement brings DATA Network’s AI coaching information infrastructure and Hint registry onto Sui. Walrus would develop into the default storage layer for functions operated by DATA Basis.
Present DATA tokens will migrate at a 1:1 ratio, in accordance with the announcement. Locked positions and present vesting schedules will switch with out modifications.
The foundations say holders will retain financial advantages and governance rights a minimum of equal to their present preparations. They plan to publish an in depth schedule and directions earlier than the improve begins.
The transaction’s valuation, actual token allocation and monetary construction stay undisclosed. The announcement additionally didn’t set up whether or not your entire $30 million had already been transferred.
Blockchain infrastructure is attracting different institutional exercise. Associated protection examines financial institutions’ on-chain operations, a separate improvement involving core monetary providers.
Hint Tracks Coaching Knowledge and Contributor Rights
Hint launched in June 2026 to report the origins of knowledge utilized in AI coaching. It tracks contributed information, related rights and funds owed to contributors.
DATA Basis says Hint has registered greater than 250 million contributions. It studies that the system processes greater than 3 million receipts each day on common.
These figures have been equipped by the muse and weren’t independently audited within the reviewed supplies. Purposes utilizing the registry embody Kled, Numo and Oto.
The Sui announcement says Kled was onboarding greater than 1.5 billion data. Numo and Oto provide licensed data to AI laboratories and robotics firms.
Adeniyi Abiodun, Mysten Labs co-founder and chief product officer, described demand for datasets carrying consent and provenance. His feedback describe the partnership’s meant use, moderately than guaranteeing each dataset’s high quality or authorized standing.
The intersection of AI and blockchain additionally seems in associated protection of agent payment infrastructure.
Storage Integration and Holder Directions Stay Forward
Walrus is a decentralized storage protocol inside the Sui ecosystem. The deliberate integration would join blockchain data with unique information saved below specified entry circumstances.
DATA Basis expects encrypted dataset copies on Walrus to help comparisons between registered data and unique data. Additional verification instruments stay improvement plans.
The migration follows Story Protocol’s June 2026 rebrand as DATA Basis and its change towards AI coaching information. The unique IP token turned DATA throughout that transition.
SY Lee, chairman of Poseidon and CEO of PIP Labs, will be part of Sui Basis as a strategic adviser. The appointment accompanied the funding and technical partnership.
Associated reporting on blockchain validator infrastructure considers one other mannequin for working community providers.
No obligatory holder motion has been introduced, and computerized dealing with by exchanges or custodians stays unspecified. DATA Network’s subsequent operational step is publishing its migration schedule and token-holder directions.
Incessantly requested questions
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What funding did Sui Basis announce?
Sui Basis introduced a $30 million funding in DATA Network on October 12. The settlement would make it the biggest institutional holder.
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How will present DATA tokens migrate?
The introduced plan transfers tokens at a 1:1 ratio. Locked positions and present vesting schedules would carry over with out modifications.
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Has DATA Network introduced a shutdown date?
The foundations haven’t introduced a migration or shutdown date. The present blockchain will function till the transition is accomplished.
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What does the Hint registry report?
Hint data the origins of AI coaching data, related rights and contributor funds. Its reported contribution figures haven’t been independently audited.
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What function will Walrus have after migration?
Walrus would develop into the default storage layer for DATA Basis functions. Deliberate integration would join blockchain data with unique dataset information.
