CryptoNews Podcast #453: Kevin Boon, President of Mysten Labs, on SUI, Walrus, Programmatic Storage, and Co-Creating with Brands
Jul 3, 2025
Kevin Boon, President of Mysten Labs, dives into the world of Web3 innovations. He discusses Sui’s unique co-creation model with brands, highlighting its potential in decentralized experiences. The conversation shifts to Robinhood's bold move in tokenizing stocks and the crucial role of partnerships in crypto's shifting landscape. Boon unveils the decentralized storage solution Walrus, emphasizing its impact on data ownership and affordability. He also shares insights on scaling support for developers across gaming and AI, along with future plans for Mysten Labs.
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Financial Services Generational Shift
- Older generations valued bespoke financial advice tied to relationships, while younger generations prefer transparent, accessible digital platforms.
- Platforms like Robinhood and Wealthsimple succeed by offering clear terms and fairness to a broad audience.
Early Crypto Regulatory Strategy
- Early regulatory engagement focused on building relationships and presence in DC to shape fair crypto laws.
- The goal was creating durable and sustainable regulatory frameworks, balancing industry needs and community trust.
Founders' Contrarian L1 Path
- The Sui founders remained confident building an L1 despite L2s being trendy and easier to launch.
- Their contrarian mindset helped them innovate beyond Facebook's limitations and create a unique, problem-driven stack.