Mysten Labs Raises $300m in Series B Funding Led by FTX Ventures

Mysten Labs, a web3 infrastructure company, has closed a $300m Series B funding round led by FTX Ventures, according to a statement.

• Round included participation from new and existing investors, including a16z crypto, Jump Crypto and Apollo
• Funding to allow Mysten to continue to scale Sui, its decentralized blockchain
• New capital values the company at more than $2b
• Mysten to keep hiring across the globe, with an emphasis on the Asia-Pacific region

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