Growing interest in blockchain infrastructure has continued to shape new avenues for regulated digital-asset exposure. Grayscale Investments revealed on November 20 that its Grayscale Sui Trust, known by the ticker GSUI, has begun trading on the OTCQX marketplace. The listing provides broader public access to investment tied to the Sui Layer 1 network, marking another step in the company’s effort to expand regulated channels for crypto-focused products.
Company representatives explained that the public quotation of GSUI reflects Grayscale’s ongoing intention to create more options for investors seeking exposure to blockchain technology within familiar market structures. The firm has characterized Sui as a high-speed blockchain designed with developers in mind, offering optimized tools for efficient smart-contract deployment. OTCQX, the platform hosting the trust, is recognized as a leading U.S. secondary market overseen by OTC Markets Group Inc.
Grayscale’s legal leadership noted that investors may now obtain SUI exposure directly through traditional brokerage accounts by purchasing shares of GSUI. They added that SUI itself does not yet meet the U.S. Securities and Exchange Commission’s generic listing standards required for commodity-based exchange-traded products. According to the company, once SUI satisfies those regulatory requirements, Grayscale would pursue the conversion of the trust into an exchange-traded product, mirroring steps taken for several of its other digital-asset offerings.
Regulatory Standards Shape the Path to Future ETP Conversion
The SEC’s generic listing standards govern the expedited approval of commodity-based exchange-traded products, including those connected to digital assets. These standards generally specify that the underlying asset must support a futures contract traded on a market regulated by the Commodity Futures Trading Commission for a defined period or must trade on an exchange that maintains robust surveillance-sharing agreements within the Intermarket Surveillance Group. The SEC may also grant approval if a comparable listed product already complies with these criteria.
Grayscale’s approach with GSUI reflects its broader strategy to bring private investment vehicles into public markets before eventually transitioning them into exchange-listed structures when regulations allow. By offering the Sui Trust through public quotation, the company aims to position itself in anticipation of evolving regulatory conditions while giving market participants controlled access to emerging blockchain networks.
Read the press release:https://t.co/4H5gfObSm9
— Grayscale (@Grayscale) November 20, 2025
Supporting Institutional Demand for Scalable Blockchain Infrastructure
Initially launched through private placement in August 2024, the Sui Trust now reaches a much wider audience with its debut on OTCQX. The decision aligns with institutional interest in networks engineered for performance, throughput, and scalable application deployment—attributes that the Sui blockchain emphasizes as tokenized systems continue to expand.
Sui is viewed as a developer-oriented chain built for rapid processing and streamlined execution of smart contracts. These qualities have made it increasingly relevant for institutions seeking exposure to blockchain infrastructure rather than solely to cryptocurrencies. With GSUI now available on a regulated secondary market, investors gain an option to participate in the network’s growth without directly purchasing or managing the underlying tokens.
Industry observers have noted that the listing reinforces the broader trend of regulated crypto products migrating from private placements into publicly accessible markets. For Grayscale, this step enhances its portfolio of regulated offerings and strengthens its position as one of the leading asset managers focused on digital financial innovation.
By bringing the Sui Trust to public markets, Grayscale continues advancing its goal of providing compliant, investor-friendly pathways to blockchain exposure. The move also highlights increasing institutional confidence in networks designed for high-speed computation and scalable smart-contract deployment—factors expected to shape the next phase of digital-asset infrastructure development.
