@animocabrands, valued at more than 5.5 billion invested in more than 200 companies to build its vision of a "metaverse" based around blockchain technology.
Sui was born from the downfall of Diem; Facebook’s failed attempt at creating a blockchain.
It inherited Diem’s opensource codebase and was founded by former Facebook engineer Sam Blackshear, who raised hundreds of millions to create the next gen blockchain.