Grayscale Just Validated the Invisible Layer of Crypto Infrastructure 🤯
The institutional playbook is always BTC then ETH then L1s, but Grayscale’s new trust for $WALRUS shows they are looking deeper at programmable data storage, not just flashy apps. This is a structural bet on the Sui ecosystem’s backbone.
Walrus handles the heavy, unstructured data—videos, datasets—the stuff that breaks apps when it vanishes. It’s the unglamorous but essential foundation. Grayscale framing it as the active data management backbone alongside DeepBook is huge signaling.
This isn't chasing TVL leaders; it’s underwriting core system components. When institutions back infrastructure that raised $140M, they aren't looking for quick flips. They are looking for standards.
As Sui TVL hits highs and real companies build treasuries, the focus shifts from transaction speed to data persistence at scale. $WALRUS is positioned perfectly for this next phase of ecosystem maturity. Institutional validation means developers and enterprises see reduced risk. Data infrastructure is finally getting the respect it deserves.
