DeFi· ★★★· bullish·

a16z-backed DATA retires its blockchain and moves to Sui with $30 million investment

  • —DATA is retiring its own network and migrating to Sui
  • —The move involves a $30 million investment
  • —Focus narrows to AI training data
Why it matters: The migration shows projects increasingly building on established L1s instead of running their own chains.
#SUI
Source: CoinDesk
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