Bluewater Acquires Suilend, Bluefin Founder Zabi to Become Suilend CEO

Source: PANews2026/06/26 09:46

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PANews, June 26 – Bluefin founder Zabi announced on X that Bluewater has acquired the Sui ecosystem lending protocol Suilend, and Zabi will assume the role of Suilend CEO. Zabi stated that plans over the coming months include introducing institutional capital, RWA integration, deeper liquidity, and a new generation of retail lending products to the Sui ecosystem. Multiple institutional partnerships are already in progress, with the goal of making 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 will not affect Bluefin’s development goals.

Bluewater Acquires Suilend, Bluefin Founder Zabi to Become Suilend CEO

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