CoinDesk reported that AI Trading Labs Nof1 (Nof1) has secured a $15 million investment led by Nasdaq-listed Sui Group (SUIG) and London-based hedge fund Carathage. Alpha Arena, currently under development by Nof1, allows AI models from OpenAI, Anthropic, Google, and others to compete with real funds. Meanwhile, Sui Group is focusing on attracting institutional investment for the SUI blockchain ecosystem.