TechFlow News — According to The Wall Street Journal, Sui development team Mysten Labs has raised $300 million in funding, valuing the company at over $2 billion. The round was led by FTX Ventures and included participation from a16z crypto, A&T Capital, Circle Ventures, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, Coinbase Ventures, and Lightspeed Venture Partners.
Mysten CEO Evan Cheng said the capital injection will help the company build its new public blockchain Sui, hire more staff, and expand into the Asia-Pacific region.




