How a16z-backed DATA is rethinking its blockchain strategy after $30 million Sui deal

The startup is retiring its own blockchain and moving to Sui with a $30 million investment as it narrows its focus to AI training data.

PorHelene Braun|Editado porAoyon Ashraf
ActualizadoOct 21, 2026, 11:24 a.m. EDTPublicado Oct 21, 2026, 11:22 a.m. EDTTraducido por IA
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• DATA shifted from its broad intellectual property ambitions to AI training data after finding that established licensing markets were difficult to disrupt, CEO Andrea Muttoni told CoinDesk.
• The startup is moving to Sui following a $30 million investment from Sui Foundation, allowing the company to focus on its data verification tools rather than maintaining its own blockchain.
• DATA’s Trace registry tracks the origins, consent terms and licensing history of AI training data, with partner Kled adding millions of contributions each day.

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ByCoinDesk Research
Sep 24, 2026
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