Cryptocurrency Startup Mysten Labs Raises $300 Million in FTX-Led Round

Mysten Labs a startup company founded by former executives of Meta . Platform unit, said it had raised $300 million in a funding round valuing the company at more than $2 billion.

Managing Director Mysten Evan Cheng said the funding will help the company build its Sui blockchain, hire more employees, and expand into the Asia-Pacific region.

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