ByteDance's Venture Arm Enters Web3 Gaming and SocialFi Sectors with Sui Builders Partnership

Wednesday, 17 April 2024, 15:12

BytePlus, the venture technology arm of TikTok's parent company ByteDance, is teaming up with Sui builder Mysten Labs to enter the web3 gaming and SocialFi industries. This collaboration signifies ByteDance's strategic move to expand into emerging tech sectors, potentially disrupting the current landscape.
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ByteDance's Venture Arm Enters Web3 Gaming and SocialFi Sectors with Sui Builders Partnership

ByteDance's Venture Arm Forges Path into Web3

BytePlus, the venture technology arm of TikTok's parent company ByteDance, has announced a partnership with Sui builder Mysten Labs, marking its foray into the web3 gaming and SocialFi spaces. This collaboration is poised to bring innovative solutions to the rapidly evolving tech landscape, with BytePlus and Sui joining forces to explore new avenues for growth.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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