News Report

The innovative Web3 company Aptos has raised $150 million in Series A funding with major backing from FTX and Jump Crypto.

web3 aptos
Source: Aptos

The groundbreaking Web3 startup Aptos, created by former Meta tech experts Mo Shaikh and Avery Ching, successfully raised $150 million in a Series A funding round co-led by FTX Ventures and Jump Crypto.

Other notable backers in this funding round included industry giants like Andreessen Horowitz, Apollo, Circle Ventures, Franklin Templeton, Griffin Gaming Partners, and Superscript. Aptos also maintains ongoing support from a16z and Multicoin Capital, both of which collaborated in the previous fundraising round back in March, alongside Tiger Global.

In 2022, this blockchain trailblazer secured $350 million and is focused on further enhancing its robust and scalable Layer 1 blockchain, utilizing Diem’s innovative Move programming language. The raised capital will also help propel the company's future ventures. Web3 market

While Aptos has chosen not to disclose its current valuation, it previously surpassed the $1 billion mark in March. The company aims to extend its reach to a wider audience and has been closely collaborating with strategic allies to better understand consumer demands. Another key objective for Aptos is to transform the way developers, brands, and users engage with Web3 applications. blockchain technology The financial backing will also focus on sectors like finance, among others.

In a recent blog post, Aptos founders expressed their gratitude to all partners for their recognition of the unique talent and technical prowess within their team. They are enthusiastic about expanding the Aptos team, product offerings, and community with the help of this funding. Their commitment is to continue providing users with a seamless experience in this dynamic market. social networking , gaming, media, and entertainment.

The Aptos team has proudly announced the completion of their $150 million Series A funding round, highlighting it as a reflection of their technical skill set, the vibrancy and activity within their ecosystem, as well as the shared vision and values of their collective efforts. wrote 5ire, a blockchain enterprise, has reportedly raised $100 million, achieving unicorn status. blockchain — developing Please remember that the information presented on this page should not be construed as legal, tax, investment, or any other form of professional advice. It's crucial to only invest money that you can afford to lose and seek independent financial guidance if you're uncertain. For more information, we encourage you to review the terms and conditions and the support pages provided by the issuer or advertiser. MetaversePost is dedicated to providing precise and impartial reporting; however, market circumstances may change without prior notice.

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