SUI has made a special identity in the Crypto world in recent months. In the last one year, its price has seen an increase of more than 40% and Sui EcoSystem is also expanding rapidly. Mysten Labs, a company developing SuI, is constantly launching new innovative projects, where recently Sui’s creator launches Walrus Altcoin Has done
According to the latest reports, on 16 April 2025, Sui Undrstructure announced that Athens Change Team (Athex) has designed a new digital fundamental platform, which will run on SUI Blockchain.
Greece’s National Stock Exchange, Athens Change Team (Athex) has now taken a big step towards blockchain technology. The special feature of this platform is that it is based on 0-WISDOM (ZK) technology. This means that the information of bidder on the platform will be private, but still it can be proved that every dialect is valid and is following all the rules.
What is this new system?
Athex is bringing its existing Digital Retain Construction (EBB) process on-chain ie blockchain through this platform. EBB is a process by which companies know the interest of investors for new investment offers. Now this entire process will be more safe, transparent and fastened with the help of SUI’s smart contracts.
SUI has said that this is the first time in the world when a National Stock Exchange is bringing its order book completely on the blockchain. The order book is a digital list that offers all purchase and promoting. Bringing it on-chain increases both transparency and security in data.
SUI has also made the experience of Web3 Customers easier and convenient, for which many special features have been introduced, including Zklogin and Backed Transactions. With the help of Zklogin, users can create a Sui account from a general web login like their Google Account without any hard wallet setup. At the same time, in backed transactions, fees can be sponsored projects or platforms.
Reactions of major people
“We are creating a modern fundamental platform using blockchain and cryptographic technology, which will improve experiences for all,” said AThex’s Coo Nikos Porfyris said.
At the same time, co-founder of Mysten Labs Dr. Kostas Chalkios and Chief Cryptographer said,
“We are making technology that protect privacy and Sui Take advantage of fast and safe network strength. ”
plan ahead
The platform is currently in Evidence of Idea (POC) ie testing, which was launched in 2024. It is expected to be fully launched soon. The move can inspire stock exchange around the world to make their traditional system modern and skilled with the help of blockchain.
Conclusion
This step of Sui and Athens Change Team is a major step towards adding finance and modern blockchain technology. Facilities such as ZK Generation and on-Chain Order Books make this fundrazing platforms secure, transparent and easy to use. Also, features like SUI’s Zklogin and Backed Transactions make the experience of Web3 Customers even more simpler. This model can also become an inspiration for other exchanges in the future.
