Bluewater Labs Acquires Suilend and Ecosystem Products SpringSui and STEAMM

SEND-1.82%
SUI-1.17%
According to ChainCatcher, DeFi development team Bluewater Labs announced the acquisition of Sui-based lending protocol Suilend and its ecosystem products SpringSui and STEAMM. Bluefin co-founder Zabi will serve as Suilend's new CEO. Suilend will continue operating as an independent platform with its own brand and infrastructure preserved, and all user functions including deposits, borrowing, staking, and trading will continue normally during the transition.
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