The Deal: Mill City Crypto Funding Nears US$1 Billion
August 8, 2025
Mill City Ventures III Ltd. has lined up over a dozen investors willing to throw in over US$900 million collectively to support the company’s Sui blockchain strategy. Sui is a blockchain that is particularly amendable to building payment systems for industries such as de-centralized finance and gaming. The O’Melveny team advising the Sui Foundation included partners David Ni, James Harrigan, Rob Plesnarski, and Wenting Yu.
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