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Sui Named Google AP2 Launch Partner as Token Tests $4 on Rising Institutional Interest

The deal positions Sui’s fast, privacy‑first stack to support AI‑driven transactions for autonomous agents.

Overview

  • Google’s Agentic Payments Protocol is an open standard for AI agents to execute programmable transactions, and Mysten Labs says the design originated in the Sui ecosystem.
  • SUI gained roughly 3–4% after the news with trading volume jumping to about four times its recent average, and newer reports show the price pressing toward a $4 retest.
  • AP2 is reported to have more than 60 partners, including PayPal, Salesforce and American Express, and to provide auditable rails for subscriptions, paywalls and purchases.
  • Institutional access is developing as Tuttle Capital files a SUI fund and proposed ETFs from 21Shares and Canary await SEC decisions, with a cited Dec. 21 deadline for 21Shares.
  • Sui Group has disclosed holdings above 100 million tokens, but analysts note that real‑world AP2 adoption, token unlocks and regulatory outcomes will drive any sustained follow‑through.