Mysten Labs

BitGo Inc. announced a successful fundraising round, securing $100 million and elevating its valuation to $1.75 billion. BitGo specializes in safeguarding crypto assets, often using physical vaults to protect private keys, Bloomberg reported. The U.S.-based cryptocurrency custody firm currently...

Creditors of the collapsed cryptocurrency exchange FTX have approved a proposal to sell its preferred stock in Mysten Labs, the developer of the Sui blockchain. A March 22 document filed with the U.S. Bankruptcy Court in the District of Delaware outlines a proposed arrangement between FTX creditors...

Mysten Labs, a Web3 infrastructure company and developer of the Sui Layer 1 blockchain,  on Thursday announced a $300-million raise in Series B funding that values the company at over $2 billion. The round was led by FTX Ventures, with participation from a16z crypto, Jump Crypto, Apollo,...