Mysten Labs is making the Sui blockchain.
Mysten Labs is making the Sui blockchain.
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NCSoft invests $15M in Mysten Labs for Web3 gaming infrastructure

  • Posted byby Dean Takahashi
  • Updated
  • 3 min

South Korean gaming giant NCSoft has invested $15 million in Mysten Labs as part of a previously announced $300 million funding round.

The money will go toward fueling Mysten Labs’ ambitious plan to develop the Sui Layer 1 blockchain to serve as infrastructure for Web3 games and other projects.

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Written by

Dean Takahashi

Dean Takahashi is editorial director for GamesBeat. He has been a tech journalist since 1988, and he has covered games as a beat since 1996. He was lead writer for GamesBeat at VentureBeat from 2008 to April 2025. Prior to that, he wrote for the San Jose Mercury News, the Red Herring, the Wall Street Journal, the Los Angeles Times, and the Dallas Times-Herald. He is the author of two books, "Opening the Xbox" and "The Xbox 360 Uncloaked." He organizes the annual GamesBeat Next, GamesBeat Summit and GamesBeat Insider Series: Hollywood and Games conferences and is a frequent speaker at gaming and tech events. He lives in the San Francisco Bay Area.