Mysten

Mysten, often referred to in short as Mysten Labs, is a technology company focused on blockchain infrastructure and the Move ecosystem. It develops software and tooling intended to support scalable, secure decentralized applications and to advance Move-based development.

The company’s flagship initiatives include the Sui blockchain, a Layer-1 platform designed for high throughput and low latency. Sui emphasizes an object-centric data model and Move-based smart contracts, with tooling and ecosystem components aimed at improving developer experience and performance. In addition to the core blockchain, Mysten works on platform components and developer tools intended to simplify building and deploying Move-based applications.

History and background: Mysten was founded in 2021 by a team of engineers with prior involvement in Meta’s Move and Libra (Diem) initiatives. The founders and team sought to apply lessons from those efforts to create scalable, secure blockchain infrastructure for a new generation of decentralized applications. Since its inception, Mysten has pursued partnerships and investor support to advance its platform and expand its ecosystem.

Impact and positioning: Mysten is positioned as part of the broader Move ecosystem and the blockchain infrastructure landscape, aiming to offer high performance, safety guarantees, and improved developer experience for Move-based projects. It seeks to attract developers, enterprises, and ecosystem partners by delivering robust tooling, documentation, and interoperable components for decentralized applications.