Parasol Acquired by Sui on March 7, 2025

SUI
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According to relevant media reports, Parasol was officially acquired by Sui on March 7, 2025. This acquisition marks Parasol's formal integration as a key component of the Sui ecosystem.Parasol is a platform focused on Web3 game development, dedicated to advancing a new generation of gameplay driven by open innovation. The platform's mission is to connect the world through immersive entertainment, empowering pioneers in game storytelling to build gaming worlds and weave rich emotional narratives. Following the acquisition by Sui, Parasol is expected to leverage Sui's technological strengths and ecosystem resources to further expand its influence in the Web3 gaming sector.Amid the rapid growth of the Web3 gaming market, this acquisition reflects the increasing strategic positioning of major public blockchain platforms in the gaming industry. The transaction will provide Parasol with enhanced resource support, accelerate its product development and market expansion, and inject fresh momentum into the prosperity of the Web3 gaming ecosystem.

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SUI fundraising-history
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M&A----2025-03-06Sui
fundraising-key-milestones
  • 2025-03-07
    Parasol was acquired by Sui.
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