Kevin Boon Takes Over as CEO of Mysten Labs, Replacing Evan Cheng
Leadership Change at Mysten Labs
Kevin Boon has been named the new CEO of Mysten Labs, taking over from Evan Cheng. The company, which builds the Sui blockchain, confirmed the leadership transition.
Cheng is not leaving entirely. He will stay on as chief technology officer and will personally run a new AI business unit. That unit will focus on building agent infrastructure connected to Sui and Walrus.
Key Points
- Kevin Boon succeeds Evan Cheng as CEO of Mysten Labs
- Evan Cheng remains CTO
- Cheng will lead a new AI business unit
- The AI unit will build agent infrastructure tied to Sui and Walrus
What Is Confirmed
According to The Defiant, the CEO transition has taken place and Cheng's continued role as CTO is confirmed. The existence of a new AI-focused division is also stated as fact in the report.
Why It Matters
Mysten Labs is the company behind Sui, a blockchain network designed for fast transactions. Its leadership direction may shape how the project approaches AI and agent development on its platform.
Sources
Newisty Editorial Team covers technology, cryptocurrency, digital products, online platforms, developer tools and the wider digital economy. Our content is researched from official sources, company announcements, public documentation, market data and other primary or reputable sources. Articles are reviewed and edited before publication for clarity, accuracy and useful context.