Bluewater Acquires Suilend, Bluefin Founder Zabi to Become Suilend CEO

CoinFeed June 26 news, Bluefin founder Zabi posted on X platform, Bluewater has acquired Sui ecosystem lending protocol Suilend, and Zabi will become Suilend CEO. Zabi stated that in the coming months, the plan is to introduce institutional capital, RWA integration, deeper liquidity, and a new generation of retail lending products into the Sui ecosystem, with multiple institutional partnerships already in progress, aiming to make Suilend the capital hub on the Sui chain. Suilend will operate as an independent platform, retaining its own brand, community, and product direction; Bluefin will also continue to operate independently. Zabi emphasized that his personal core focus on Bluefin remains unchanged, and the acquisition does not affect Bluefin's development goals.