Mysten Labs CEO Seeking to Raise over $100 Million for a Web3 Fund

Evan Cheng, CEO of Sui developer Mysten Labs, is seeking to raise over $100 million for a Web3 fund, according to The Block.

Sui is a Layer 1 smart contract platform that claims to offer unprecedented low-latency for simple use cases by forgoing consensus to instead use simpler and lower-latency primitives.

Source

Layer 1

Web3

Fund

In This Article

Related News
Layer 1 MANTRA's token falls 90% in sudden crash; team blames 'reckless liquidations' Layer 1 MANTRA's token falls 90% in sudden crash; team blames 'reckless liquidations'
EOS rebrands to Vaulta amid pivot to 'web3 banking', plans to launch new token EOS rebrands to Vaulta amid pivot to 'web3 banking', plans to launch new token
TON connects to Tether’s USDt ecosystem with LayerZero integration TON connects to Tether’s USDt ecosystem with LayerZero integration
Story Protocol confirms public mainnet to launch on Feb. 1 Story Protocol confirms public mainnet to launch on Feb. 1
LINE introduces Telegram-style Dapps to boost Web3 adoption in Asia LINE introduces Telegram-style Dapps to boost Web3 adoption in Asia
Latest News More More
9 Hours Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
9 Hours Ago Ark Invest raises 2030 bull-case bitcoin price projection to $2.4 million on 'aggressive' modeling
1 Day Ago Zora airdrop triggers confusion as token launches without announcement, requires users claim manually
2 Days Ago pot bitcoin ETFs see $936 million inflows as 'safe haven' narrative strengthens
2 Days Ago Binance South Africa to require information on senders and recipients for local compliance
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open