The Sui blockchain, which is closely related to Meta, was developed by Mysten Labs. Mysten Labs was founded by several former employees of Meta's Novi division, which was responsible for the Diem crypto project at Meta. Sui is an innovative Layer 1 blockchain platform designed to enhance speed, scalability, and cost-effectiveness for decentralized applications. It utilizes technology like Move, which originated from Meta's blockchain research, to build a robust and secure blockchain ecosystem.

The Diem project, originally known as Libra, was an initiative by Facebook (now Meta) aimed at creating a global digital currency. It sought to provide financial services to unbanked populations and streamline transactions across borders.