Mysten Labs / Sui is a protocol foundation firm based in Palo Alto, California that mysten labs is the company behind sui, a layer 1 blockchain, founded in 2021 by former engineers from meta's novi and diem projects. it builds infrastructure, developer tooling and protocols for decentralized applications, and originated the move-based sui network. the company raised a 300 million dollar series b in 2022 that valued it at more than 2 billion dollars, with backers including a16z, jump crypto, binance labs and coinbase ventures. in 2025 it expanded into capital markets and gaming, hiring a former goldman sachs digital assets executive and acquiring web3 gaming infrastructure startup parasol. They serve clients in United States. Mysten Labs / Sui is listed on The Token Playbook's vetted provider registry at thetokenplaybook.com/registry/mysten-labs-sui.