A16z Leads $36M Bet on Web 3 Startup From Facebook Crypto Vets

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“There’s significant demand for more efficient and safe smart contract developer tooling, and Mysten has the technology and expertise to make major improvements across multiple chains. Allowing developers to focus on perfecting their user experience, without tackling the complexities of lower-level blockchain integrations, is key to enticing more Web 2 talent to start building Web 3 applications,” Arianna Simpson, a general partner at a16z, wrote in a post announcing the funding.



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