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.

-35 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

1,270 items

B

Blockchain

11,890 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
  • identity management
patents chart

Application Date

Grant Date

Title

Related Topics

Status

7/17/2023

9/24/2024

Grant

Application Date

7/17/2023

Grant Date

9/24/2024

Title

Related Topics

Status

Grant

Latest Mysten Labs News

Beyond the Hype: FloppyPepe & 5 Other Cryptos for Your Long-Term Bag

Apr 9, 2025

Beyond the Hype: FloppyPepe & 5 Other Cryptos for Your Long-Term Bag For long-term crypto investors seeking to maximize gains during the next potential bull run, looking beyond daily hype toward projects with real innovation helps identify target investments. Alongside more mature players like SUI ($2.07), SEI (~$0.1521), XRP ($1.90), Cosmos ($4.30), and Polkadot ($3.64), emerging new projects such as FloppyPepe ($FPPE, $0.0000002) are presenting unique possibilities. Understanding which of these different projects would fit with a long-term strategy implies an assessment of their fundamental strengths and market positions as of 2025. FloppyPepe ($FPPE)—Creating Value via AI and the Community Integrating FloppyAI, a crypto-aware AI chatbot, and FloppyX, an AI video tool, for content creation enables user interaction beyond speculation and drives value through an engagement-based digital ecosystem. Community involvement is heavily incentivized through a meme-based DAO governance structure aimed at participatory content creation, giving holders a say in the direction of the project. Additionally, a unique 3% transaction fee creates value by wildlife charity funding (1%), value redistribution to holders (1%), and token burn inflationary countermeasures (1%) across 120 trillion supply, aiming to build a sustainable model. FloppyPepe Presale: An Early Bet on Massive Long-Term Growth? The presale excitement for FloppyPepe (FPPE) stems from its promise to serve early adopters and long-term investors. A staggering $20 million soft cap and $45 million hard cap on development funds demonstrate that the project anticipates major growth. During the initial rounds of the presale, 60% of tokens will be sold. As the project aims to raise $20 million through the purchase of tokens priced at $0.0000002, this translates to an approximate 20 million per dollar influx in funds. This estimate is considered conservative due to the vast funding goals. Furthermore, if FloppyPepe (FPPE) achieves its projected market adoption, reaching a long-term ROI of 5,000,000% from the current speculative price of $0.01 becomes possible. Investors purchasing it now for $100 would thus be poised to reap a staggering $5 million payday in the future. It’s impossible to disregard the high risk, but the potential ROI coupled with the project’s ecosystem plan makes $FPPE a captivating long-term portfolio call. SUI—Supported by Web3’s Best and Scaling Lightning Fast SUI is trading at about $2.07. SUI is considered a high-performance Layer-1 from Mysten Labs, utilizing the Move language. SUI uses an object-centric model, which allows for parallel processing, which supports higher throughput. SUI aims to serve demanding applications in DeFi and gaming. SUI focuses on developer experience. Web3 application maturity offers the potential for long-term adoption as powerful assets become more common. SEI—The Chain Built for Extreme Efficiency in Trading SEI is priced around $0.1521. SEI specifically optimizes the blockchain performance for trading applications, including DEXs and trading protocols for DeFi. SEI architecture employs parallelization to achieve extremely fast transaction finality to reduce network congestion. SEI occurs amid strong VC interest, making the targeted focus on chain financial infrastructure a long-term bet. XRP—The Institutional Giant Gearing Up Again XRP is currently trading near $1.90. XRP uses the established network to target cross-region payments to financial institutions, which are low cost and fast. Recent legal developments have greatly mitigated regulatory concerns and increased institutional adoption. As users looking for blockchain solutions in traditional finance, XRP provides informative long-term value. Cosmos (ATOM)—Hype-Free Interoperability Now trading slightly above $4.30, Cosmos (ATOM) utilizes its IBC protocol to achieve fundamental interoperability by providing communication pathways to dozens of self-governed blockchains within its ecosystem. The “internet of blockchains” model is proven, and it is increasingly being adopted for the deployment of specialized app-chains. Continuous upgrades make ATOM a solid long-term hold for multi-chain interconnection advocates. Polkadot (DOT)—Multi-Chain Wonder With Web3 Longevity Polkadot (DOT) is trading at approximately $3.64 and successfully integrates interoperability with specialization through its parachain structure. It offers shared security to the connected blockchains. An array of diverse projects from DeFi, gaming, and others are coming through competitive parachain auctions, validating the model. Polkadot’s focus on shared security and enabling specialized chains makes DOT a compelling long-term investment in foundational Web3 infrastructure. Diversify Plays for Long-Term Portfolio Gains Creating a robust, enduring crypto portfolio requires an approach that combines diverse projects serving distinct market needs. SUI, SEI, XRP, Cosmos, and Polkadot provide powerful technological solutions for scaling, trading, payments, and interoperability, while FloppyPepe ($FPPE) offers a distinct AI community ecosystem, a high-growth opportunity, and a remarkable presale. This differs from the primary infrastructure plays and complements them by providing explosive upside potential from a very early entry point. Balancing the risks and strengths of established tech behemoths against the innovative FloppyPepe newcomer is critical to securing hard-earned long-term crypto gains.

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, Andreessen Horowitz, Coinbase Ventures, Lightspeed Venture Partners, 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

C
Cosmos

Cosmos develops a decentralized network of independent, scalable, and interoperable blockchains, creating the foundation for a new token economy. It offers an ever-expanding ecosystem of interoperable and sovereign blockchain applications and services, built for a decentralized future. The company was founded in 2014 and is based in Zug, Switzerland.

Ethereum Logo
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.

Ava Labs Logo
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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