Series B Round

Mysten Labs is a technology company focused on building infrastructure for Web3 and blockchain applications. The company is known for developing the Sui Layer 1 blockchain, which aims to enhance scalability and user experience in decentralized applications. Mysten Labs is committed to onboarding the next billion users to Web3 by providing robust and scalable blockchain solutions. The company has gained significant attention for its innovative approach to blockchain technology and its potential to revolutionize the decentralized application landscape. The Series B funding round was led by FTX Ventures, with participation from prominent investors including a16z crypto, Jump Crypto, and others, reflecting strong confidence in the company's vision and technology.