TechFlow news, July 28 — According to Businesswire, Mill City Ventures III, Ltd. (NASDAQ: MCVT) announced a $450 million private placement initiative to launch its SUI treasury strategy. The fundraising proceeds will be used to purchase SUI tokens as the company's primary treasury reserve asset, while continuing its short-term non-bank lending and specialized financial services.
Key investors include Karatage Opportunities and the Sui Foundation, with other participants comprising prominent institutions such as Galaxy Digital and Pantera Capital. The securities offering complies with the provisions of the Securities Act of 1933.




