Skip to content

coin

review

Menu
  • Sample Page
Menu

Binance has invested in Aptos project of Meta descendants

Posted on August 11, 2022

Binance invested in Aptos project of ex-Meta employees

The venture capital arm of cryptocurrency exchange Binance announced a strategic investment in Aptos Labs, a startup created by former Meta employees.

The developers will use the funds raised to create a “secure and scalable blockchain,” expand staff and develop the project’s infrastructure.

“We believe that the technological competitiveness of the Aptos team will improve the scalability of the blockchain infrastructure as well as support new Web3 usecases,” said Binance Labs https://gagarin.news/ head Yee He.

The amount of the deal was not disclosed.

In March 2022, Aptos raised $200 million in an investment round led by Andreessen Horowitz. Multicoin Capital, Coinbase Ventures, Katie Haun, Three Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures and Paxos also provided funding.

In July, the startup closed a $150 million Series A funding round. It was led by FTX Ventures and Jump Crypto.

Recall that in August, Binance Labs invested in infrastructure project Ankr.

Read ForkLog bitcoin news in our Telegram – cryptocurrency news, exchange rates and analytics.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recent Posts

  • January 2022 in numbers: NFT boom contrary to the fall of cryptocurrencies, Fantom strengthening and FTX jerk to $ 32 billion
  • The issuers of the USDC and USDP stabilcoins received licenses in Singapore
  • Experts calculated the benefits of Microstrategy from investing in Ethereum instead of bitcoin
  • The expert predicted the growth of the capitalization of the cryptocurrency market up to $ 300 trillion
  • Allianz economist called a potential trigger for bitcoin growth

Recent Comments

  1. A WordPress Commenter on Hello world!

Archives

  • February 2023
  • January 2023
  • December 2022
  • November 2022
  • October 2022
  • September 2022
  • August 2022

Categories

  • News
  • Uncategorized
©2023 coin | Design: Newspaperly WordPress Theme