According to Odaily, on October 12, Sui Foundation announced a $30 million investment in DATA Network (formerly Story Protocol) and became the network's largest institutional holder. DATA Network will be upgraded to run natively on Sui, with its existing independent chain retiring after completion. DATA tokens will migrate at a 1:1 ratio, preserving token holders' economic rights and governance power at current levels; locked and vesting tokens remain unchanged. Walrus will serve as the default storage layer for DATA Foundation's applications, while Trace registration system will integrate into the Sui ecosystem.
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