According to VentureBeat, as part of Mysten Labs’ previously announced $300 million financing, South Korean online game company NCSoft has invested $15 million in Mysten Labs, which will be used to promote Mysten Labs’ development of the Sui Layer 1 blockchain as a Infrastructure for Web3 games and other projects. Founded in 1997 and headquartered in South Korea, NCSoft has subsidiaries around the world and publishes online and mobile games to millions of fans. NCsoft established a joint venture branch company in Taiwan with Youmania, named Ji Enli (NC Taiwan Co., Ltd., NC Taiwan, NCT), responsible for the operation of games such as Lineage, Aion, Blade & Soul, etc. In September 2022, Sui development team Mysten Labs announced the completion of $300 million in financing, led by FTX Ventures, with participation from a16z Crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, Coinbase Ventures, Circle Ventures and Lightspeed Venture Partners, A&T Capital.