Founded Year

2021

Stage

Unattributed VC | Alive

Total Raised

$336M

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

+79 points in the past 30 days

About Mysten Labs

Mysten Labs focuses on developing foundational infrastructure for the web3 space. Its main offerings include creating systems that support the acceleration of Web3 adoption by enhancing the underlying technology, such as distributed systems, cryptography, and programming languages. It caters to sectors that are integrating blockchain and decentralized technologies. It was founded in 2021 and is based in Palo Alto, California.

Headquarters Location

379 University Avenue Suite 200

Palo Alto, California, 94301,

United States

408-384-8237

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Research containing Mysten Labs

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Mysten Labs in 3 CB Insights research briefs, most recently on Jun 8, 2023.

Expert Collections containing Mysten Labs

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Mysten Labs is included in 2 Expert Collections, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,276 items

B

Blockchain

12,105 items

Companies in this collection build, apply, and analyze blockchain and cryptocurrency technologies for business or consumer use cases. Categories include blockchain infrastructure and development, crypto & DeFi, Web3, NFTs, gaming, supply chain, enterprise blockchain, and more.

Mysten Labs Patents

Mysten Labs has filed 2 patents.

The 3 most popular patent topics include:

  • cryptography
  • federated identity
  • password authentication
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/17/2023

9/24/2024

Cryptography, Computer access control protocols, Cryptographic protocols, Password authentication, Federated identity

Grant

Application Date

7/17/2023

Grant Date

9/24/2024

Title

Related Topics

Cryptography, Computer access control protocols, Cryptographic protocols, Password authentication, Federated identity

Status

Grant

Latest Mysten Labs News

Top 4 Utility Coins to Watch in July 2025: Pi, FloppyPepe, Kaspa, and SUI

Jul 5, 2025

The Crypto Cycle: Why Utility Outperforms Hype in 2025 Written By: Copied The 2025 altcoin market is shifting. While meme coins and hype-fueled narratives still make waves, tokens with real-world utility and functioning ecosystems are outperforming. From scalable networks to creator-based tools, this cycle rewards innovation. Retail and institutional investors alike are now rotating into assets offering speed, utility, and long-term engagement—a trend clearly seen with stands out with its grassroots community and mobile-first approach. Built to onboard millions of users globally, Pi allows mining directly from smartphones, removing hardware and cost barriers. Although still awaiting full mainnet rollout, Pi continues to build partnerships and expand its developer ecosystem. Its mass accessibility and patient scaling approach position it as a potential bridge to Web3 for non-technical users. As of July 2025, Pi trades at approximately $0.47 to $0.48, down slightly in the last 24 hours, showing short-term consolidation after previous gains. FloppyPepe (FPPE): Utility at the Forefront for automated content, and FloppyX, a DEX built specifically for meme-based assets. With over $2.5M raised in its presale and strong engagement on Telegram and X, FloppyPepe is quickly becoming a central player in the emerging meme-fi sector. For investors looking to merge culture with real DeFi tools, FPPE offers both entertainment and infrastructure. Kaspa (KAS): Ultra-Fast Finality and Scalable Architecture today. Its low-latency design and commitment to decentralization attract developers and tech-savvy investors. As of July 2025, Kaspa is trading around $0.076 to $0.078, with a mixed short-term outlook and potential for technical bounce zones. SUI: Building for Developers and the Gaming Economy , launched by Mysten Labs, leverages the Move programming language to create a scalable Layer-1 solution optimized for assets like NFTs and gaming. With a surge in wallet activity, DeFi onboarding, and the rise of crypto-native games, SUI is experiencing a wave of adoption. It currently trades around $2.90 to $2.95, down 3%–4% in the last 24 hours but with signs of a bullish bounce forming. Comparing Vision and Utility Retail Sentiment & Search Trends: Who's Winning Attention? FloppyPepe is rapidly trending on crypto Twitter and Telegram, especially among presale-focused communities. Kaspa continues to see spikes in search interest due to its tech innovations, while Pi retains a loyal mobile mining user base. SUI, though slightly quieter on social buzz, benefits from steady mentions among Web3 developers and NFT circles. Overall,

Mysten Labs Frequently Asked Questions (FAQ)

  • When was Mysten Labs founded?

    Mysten Labs was founded in 2021.

  • Where is Mysten Labs's headquarters?

    Mysten Labs's headquarters is located at 379 University Avenue, Palo Alto.

  • What is Mysten Labs's latest funding round?

    Mysten Labs's latest funding round is Unattributed VC.

  • How much did Mysten Labs raise?

    Mysten Labs raised a total of $336M.

  • Who are the investors of Mysten Labs?

    Investors of Mysten Labs include No Limit Holdings, Lightspeed Venture Partners, Coinbase Ventures, Andreessen Horowitz, Greenoaks and 22 more.

  • Who are Mysten Labs's competitors?

    Competitors of Mysten Labs include Agingo.

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Compare Mysten Labs to Competitors

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Ethereum

Ethereum is a decentralized platform that allows the creation and execution of smart contracts and decentralized applications (dApps) on its blockchain. The platform supports cryptocurrency transactions, digital asset management, and the development of various blockchain-based applications, including those for finance, gaming, and social interaction. Ethereum's infrastructure enables the tokenization of assets and the operation of decentralized finance (DeFi) services, while also addressing user privacy and data security. It was founded in 2014 and is based in Zug, Switzerland.

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Ava Labs

Ava Labs focuses on digitizing assets and providing high-performance solutions for Web 3. It offers a smart contract platform known as Avalanche, which is characterized by its speed, low cost, and eco-friendliness. Additionally, Ava Labs provides AvaCloud, a service that assists businesses in building and scaling custom blockchains, and Core, a free browser extension for seamless and secure use of Web3 powered by Avalanche. The company was founded in 2018 and is based in New York, New York.

A
Aptos Foundation

Aptos Foundation is an organization focused on the development and support of the Aptos Layer 1 blockchain platform, which is designed for safety and scalability within the decentralized network and developer ecosystem. The foundation leads initiatives to foster network growth, cultivate the ecosystem, and attract developers to improve the blockchain infrastructure. Its main offerings include technical documentation for developers, governance participation through voting on AIPs, and grants for innovation on the Aptos blockchain. It was founded in 2021 and is based in Grand Cayman, Cayman Islands.

Agingo Logo
Agingo

Agingo is a company that provides decentralized platform services within the blockchain technology sector. Its main offerings include a multi-ledger blockchain platform that supports applications such as asset tokenization, secure exchanges, and clearing house functions, primarily serving sectors like financial services and personal privacy. It is based in Charlotte, North Carolina.

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