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LINK $11.54 +1.26%
HYPE $81.52 +0.37%
AAVE $125.86 -0.89%
SUI $0.7560 -0.87%
XLM $0.1839 +0.01%
ZEC $801.68 +2.44%

The Sui development team Mysten Labs has completed a $300 million financing round, led by FTX Ventures

2022-09-08 19:19:30

Chain Catcher news, according to The Wall Street Journal, the Sui development team Mysten Labs has completed a $300 million financing round, led by FTX Ventures, with participation from a16z Crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, Coinbase Ventures, Circle Ventures, Lightspeed Venture Partners, Bixin Ventures, and A&T Capital.

In July 2022, according to The Information, sources said that the Web3 startup Mysten Labs was negotiating for at least $200 million in Series B financing at a valuation of $2 billion, with investors led by FTX Ventures having already committed at least $140 million to this round. (Source link)

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