SCION software provider Anapaya Systems secures €1.8 million investment from Mysten Labs.
On October 30th, Anapaya Systems, a Swiss SCION software provider, received a €1.8 million investment from Mysten Labs. The two companies plan to collaborate on building a secure, highly accessible, and high-performance Web3 infrastructure to support the next-generation wide-area network technology SCION.
Evan Cheng, CEO and co-founder of Mysten Labs, stated that "SCION's highly secure and efficient communication structure will provide another key differentiation advantage for Sui."
According to reports, SCION is a future internet architecture that connects institutions and end-users by combining explicit trust information, fault isolation and routing control with the accessibility advantage of the public internet and the security of private MPLS.