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Inside the uncollateralized deal that locked up 6 million SUI until 2028 while SUI Group trades at a 25% NAV discount

What happened

The uncollateralized receivable runs to 2028, while an Aug. 6 sensitivity puts market value 24.5% below company-calculated NAV. SUI Group Holdings has lent 6 million SUI tokens to Bluefin Markets under an uncollateralized agreement that lets the borrower reuse the assets and.

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