Mysten Labs

Develops blockchain infrastructure and programming tools

San Francisco, California, United States

About Mysten Labs

Mysten Labs focuses on enabling true digital ownership through the development of decentralized infrastructure and tools. They are creating Sui, a decentralized blockchain that uses proof of stake and offers scalable throughput and storage, along with Move, an open-source programming language designed for building smart contracts. This allows users to manage and interact with digital assets more effectively. Unlike competitors, Mysten Labs provides a wide range of products and services that simplify access to digital assets, while also keeping users updated with company news and job opportunities. Their goal is to make digital asset ownership accessible to billions of people.

San Francisco, CaliforniaHeadquarters
2021Year Founded
$326.8MTotal Funding
SERIES_BCompany Stage
Crypto & Web3Industries
51-200Employees

Benefits

Remote Work Options

Risks

Increased competition from Ethereum and Solana in gaming and decentralized applications.
Cryptocurrency market volatility may impact Sui blockchain's adoption and stability.
Regulatory scrutiny could pose compliance challenges for Mysten Labs.

Differentiation

Mysten Labs offers a comprehensive suite of web3 tools and infrastructure.
Sui blockchain provides horizontally scalable throughput and storage for decentralized applications.
Move language enables efficient smart contract development on the Sui blockchain.

Upsides

Partnership with Ambrus Studio enhances gaming capabilities on the Sui blockchain.
Launch of Walrus Protocol strengthens Mysten Labs' decentralized storage solutions.
Team Liquid's MyBlue platform expands fan engagement using Sui's blockchain.