Cryptocurrency News

Former Meta execs raise $300M to ‘accelerate adoption’ of Sui blockchain

09/10/2022

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2022.09.10 17:05

Former Meta execs raise $300M to ‘accelerate adoption’ of Sui blockchain

Mysten Labs, the company behind the yet-to-launch layer-1 blockchain Sui, has raised $300 million aimed at building core infrastructure and accelerating the adoption of its Sui blockchain ecosystem.

The blockchain company, which was founded by former executives of social media giant Meta in 2021, said in a Thursday announcement that it landed $300 million in a Series B funding round led by crypto exchange venture arm FTX Ventures.

09/10/2022

Less than a minute

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