Blockchain infrastructure, Web3, and crypto innovation by Evan Cheng
Evan Cheng is co-founder and Chief Executive Officer of Mysten Labs, the company behind the Sui blockchain. Under his leadership, Mysten Labs secured USD 336 million in two rounds of funding, including a Series B led by Andreessen Horowitz that brought the firm’s valuation above USD 2 billion. The Sui ecosystem includes a high-throughput blockchain, developer SDKs, Sui Wallet, Sui Name Service, and NFT services through SuiFrens. Cheng previously led engineering teams at Meta and Apple, with deep technical specialization in systems programming, compilers, and blockchain architecture. His work on the Move language underpins Sui’s object-based execution model, which now serves as a foundation for smart contract modularity and scalable data structures.
Cheng is regarded as a leading technical mind in crypto infrastructure, and was named among “Top 25 Web3 Builders” by CoinDesk in 2023. The Sui blockchain achieves transaction finality in under 500 ms and can process up to 120,000 transactions per second in testing. Cheng focuses on user-centric design, composable contracts, and gas-efficient execution. Mysten Labs has expanded into the Asia-Pacific region and is rolling out cross-chain interoperability with Ethereum-based dApps. Cheng’s public speaking appearances include the World Blockchain Summit and Token2049.