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Sui joins OpenAssets to standardize tokenized assets across blockchains with OTAS framework

Protocol Fundamentals
01 Oct 2026
Crypto Briefing
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Bullish
Sui joins OpenAssets to standardize tokenized assets across blockchains with OTAS framework

Sui Foundation and Mysten Labs partnered with OpenAssets to implement the Open Tokenized Asset Standard (OTAS) on the Sui blockchain. OTAS is an open-source, protocol-agnostic framework designed to unify tokenized asset interfaces like identity, compliance, metadata, and settlement, enabling assets to carry their compliance and ownership records across different ledgers. This collaboration follows Sui's recent membership in the Linux Foundation Decentralized Trust and builds on its existing tokenization tools, including programmable compliance and fractional ownership features. The effort aims to prevent fragmentation of tokenized assets and support compliance-sensitive use cases with Sui's object-centric blockchain design.

Sui's collaboration with OpenAssets to extend the Open Tokenized Asset Standard is the subject, with Pluang market data as context. As of Oct 01, 2026 19:47 WIB, out of 50 major cryptocurrencies priced on Pluang, 12 rose and 37 fell. Notable movers include THETA at Rp4.020 with a -3.85% change and a typical hold time of 77 days, COMP at Rp438.015 down 3.58% with a 97-day hold, and XLM at Rp3.987 down 3.37%.

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