Binance Labs, the venture capital arm and innovation incubator of leading cryptocurrency exchange Binance, has made a strategic investment in layer-1 blockchain Aptos Labs to accelerate industry adoption.
Binance by March 28 According to the statement made on Binance Labs, accelerating the adoption of the decentralized ecosystem for Diem blockchain‘of from its original creators, researchers, designers and founders built by some layer-1 blockchainwho have Aptos Labsmade a strategic investment in
aptos and Binance together with the investment Aptos ecosystem to enlarge development, code review, infrastructure building, hackathons and much more will work closely through
For everyone the safest and most scalable is a new, independent project focused on delivering the layer-1 blockchain. aptosguaranteed more to his team with its new fund founder and supporter plans to add.
Binance Labs Investment Director Jeffrey Ma, When investing in Binance Labs’ future portfolio companies How can this project change the industry?‘ and ‘how many people will use the product when it is launched” In the statement that it pays attention to values such as;
In this respect, Aptos can contribute to bringing 100 million users into the crypto space, with a mission to provide universal and equitable access to decentralized assets for billions of people. We also believe in the expertise that the Aptos Labs team developed by building the Diem project.
said.
Head of Binance Labs Bill Qian made the following statements on the subject:
We believe in Aptos’ vision to create a more reliable and scalable blockchain for everyone. Aptos will be able to drive a blockchain that can be used by the masses, mass adoption of users in a wide variety of applications and accelerate technological and commercial innovation in these areas. Users can expect a secure and seamless blockchain experience from Aptos.
Aptos Labs not long ago USA venture capital firm a16z in a strategic funding round led by Multicoin Capital, Katie Haun, 3 Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos and Coinbase Ventures with the participation 200 million dollars had collected.