Mysten Labs

Web3 infrastructure and the Sui blockchain.

mystenlabs.com

HQ: Remote

Crypto

Company research

Public company, workplace, funding, and market signals

Updated Aug 16, 2026

Overview

Mysten Labs is a blockchain/web3 infrastructure company best known for building Sui, a Layer 1 network, along with Move-based tooling and adjacent protocols such as Walrus and DeepBook. The company positions itself as foundational infrastructure for a more decentralized internet and for autonomous/agentic web applications.

Primary product

Sui blockchain platform (with Move smart-contract tooling; also Walrus and DeepBook protocols)

Founded

2021

Headquarters

United States (company website / LinkedIn list it generically; Exa also surfaces San Francisco and Palo Alto offices)

Team size

150-200

Work style

Flexible

Industry

Software Development

Sub-industry

Blockchain / Web3 infrastructure

Offices

San Francisco, California, United States

Palo Alto, California, United States

Business model

protocol/platform software

developer tools

open-source ecosystem / infrastructure

Funding

Stage

Series B

Total raised

$336M

Latest round

Series B · Sep 2022

Latest amount

$300M

Series B

Sep 2022 · FTX Ventures

$300M

Venture Round

Jan 2022 · FTX Ventures

$11.3K

Series A

Dec 2021 · Andreessen Horowitz (a16z)

$36M

People & investors

Leadership

Co-founder, CEO

Co-founder, CTO

Co-founder, CPO

Co-founder, Chief Cryptographer

George Danezis

Co-founder, Chief Scientist

Mustafa Al Niama

Managing Director - Head of Capital Markets

Dmitri Perelman

Head of Engineering

Ed Snook

Director, People Operations & Recruiting

Sean Asir

Head of Talent

Han Liu

Head of Corporate Development and Investor Relations

Investors

Andreessen Horowitz (a16z)

Lightspeed Venture Partners

Work & culture

Mysten emphasizes scientific and engineering rigor, parallel execution across research/development/product/growth, and a globally distributed team.

Work style

Flexible

Compensation

No public compensation bands found in the sources reviewed. Careers materials point candidates to open roles and interview prep rather than pay ranges.

Product & market

Pricing

Not publicly detailed; core protocol and open-source tooling appear developer-facing, with ecosystem/business services likely enterprise and partnership driven.

Differentiators

—Move-first smart contract stack
—asset-oriented data model on Sui
—high-throughput, low-latency blockchain design
—adjacent protocols for storage and liquidity (Walrus, DeepBook)
—focus on autonomous/agentic web use cases

Technology

Move

Sui CLI

Walrus SDK

DeepBook SDK

Kubernetes

GraphQL

React

React Native

TypeScript

Python

Rust

Solidity

Docker

Terraform

GitHub Actions

PostgreSQL

Redis

Customers

developers building on Sui

enterprises and teams building onchain applications

web3 games / NFTs / DeFi projects

Competitors

Aptos Labs

Polygon Labs

Solana Labs

Avalanche/AVA Labs

Ethereum ecosystem tooling companies

Scale & contact

Estimated revenue

$1M-$10M (Exa estimate; one Exa source specifically surfaced $5M annual revenue)

Estimated monthly visits

19.5K

Traffic estimate as of Jun 2026

Signals & risks

Other

Aug 2026

Co-founder/CTO Sam Blackshear announced he is leaving Mysten Labs to join Anthropic for defensive security research; company statements indicate Evan Cheng will take over technical vision. This is a leadership transition, not a layoff/shutdown.

Source

Acquisition

Mar 2025

Mysten Labs acquired Parasol, a game development platform. Public reporting framed this as an acquisition/expansion move rather than distress.

Source

Other

Mar 2023

Mysten repurchased FTX’s equity stake and token warrants from the FTX bankruptcy estate for about $96M, reflecting cleanup of a prior financing exposure rather than an operational risk signal.

Source