Sui Foundation Backs $30M DATA Network as Story Blockchain Shuts Down

This is a notable case of one chain absorbing another's core infrastructure rather than letting it disappear, and the Foundation's direct backing signals Sui wants an AI data registry as a strategic piece of its ecosystem. The one-for-one conversion matters most for existing DATA holders, who face a migration with no date set yet — that timing gap is the practical risk. Whether the registry retains real usage after the rebuild, and whether other Story assets find similar homes, is the open question.