September 14, 2022 Mysten Labs raises $300M.

Crypto startup Mysten Labs raised $300M in a funding round at a $2B valuation, led by FTX Ventures. Additional participation came from Binance Labs, Coinbase Ventures, Circle Ventures, Lightspeed Venture Partners and Andreessen Horowitz. The company will use the funds to build out its Sui blockchain and expand into Asia-Pacific.