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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move that strengthens the blockchain sector's push into emerging markets, SUI announced a partnership with Paga, the Nigerian payments platform, to enable tokenized real-world assets (RWAs) for millions of users in Africa. According to reports, the partnership aims to leverage blockchain technology to provide access to digital assets backed by real assets, potentially boosting cryptocurrency adoption on the continent.
The development comes amid global growth of tokenized assets, with market forecasts pointing to significant expansion in the coming years. Paga, one of Nigeria's leading fintech platforms, serves a large user base, offering SUI a wide distribution channel. Per market data, SUI closed at $121.23 on June 29, 2026, slightly above the session low of $119.54, reflecting relative stability following the announcement.
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Sign InInvestors are watching how the partnership will impact SUI ecosystem adoption, particularly given regulatory and logistical hurdles in African markets. At the last close, SUI traded in a range between $119.54 and $121.34, with the $119 level acting as potential support if positive momentum continues. The parties are expected to release further details on timelines and asset classes in the coming weeks, which could serve as a fresh catalyst for the token.