Back

Sui Plans Private Transactions Launch This Year, Mysten Labs Executive Says

According to Mysten Labs co-founder and chief product officer Adeniyi Abiodun, the Sui blockchain plans to add private transactions this year for scalable, free, privacy-preserving payments.

SUI

Fact Check
The claim is directly and strongly supported by the primary source: a May 10, 2026 X post by Adeniyi Abiodun (@EmanAbio) himself, stating 'Confidential transactions launching on Sui this year, enabling free, private, scalable payments.' This matches every element of the claim - the executive's identity (Mysten Labs co-founder and CPO), the blockchain (Sui), the timeline (this year, i.e. 2026), and the key features (scalable, free, privacy-preserving payments). Multiple independent news outlets (PANewsLab, CoinSpeaker, MEXC blog, CoinLaw) corroborate the announcement consistently from late 2025 through May 2026. There is no conflicting evidence found.
Summary

Sui is expected to introduce private transactions this year, according to a May 11 post on X by Mysten Labs co-founder and chief product officer Adeniyi Abiodun. He said the feature is aimed at enabling scalable, free, privacy-preserving payments on Sui, a blockchain network developed by Mysten Labs. Private transactions generally refer to transfers designed to obscure some transaction details onchain, a feature often pursued to improve payment confidentiality while maintaining blockchain-based settlement.

Terms & Concepts
  • Private transactions: Blockchain transfers that hide or limit visibility of transaction details to improve payment privacy.
  • Blockchain: A distributed digital ledger that records transactions across a network of computers.
  • Onchain: Activity that is executed and recorded directly on a blockchain network.