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Crypto Startup Mysten Labs Raises $300 Million in FTX-Led Round

by Edinburg Post Report
September 8, 2022
in Latest • Trending
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Updated Sept. 8, 2022 12:07 pm ET

Mysten Labs, a startup founded by former executives of Meta Platforms crypto unit, said it has raised $300 million in a funding round that values the company at more than $2 billion.

Mysten Chief Executive Evan Cheng said the cash infusion will help the company build out its Sui blockchain, hire more staff and expand into the Asia-Pacific region.

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