The team of ex-employees of META attracted $ 200 million to their APTOS project

The team of ex-employees of META attracted $ 200 million to their APTOS project

The team of former META employees attracted $ 200 million to create a scalable blockchain for “billions” of people. The Aptos startup investra led Andreessen Horowitz.

one/ 🌊 As Part of Oour Mission of Building a L1 For The Next Billion Users, We Are Thrilled to Announce Two Things:

A) OUR New $ 200M Funding Round Led by A16Z ..
B) Launch of OUR DEVNET! Special Invite Somewhere Below 👇 https: // t.CO/APU0J1LZCU

– Mo Shaikh (@moshaikhs) March 15, 2022

Financing was also provided by Multicoin Capital, Coinbase Ventures, Katie Haun, Three Arrows Capital, Parafi Capital, Irongrey, Hashed, Variant, Tiger Global, Blocktower, FTX Ventures and Paxosososos.

Aptos is created on the basis of open code technology for Diem project and Move programming language at it.

“The ideas formed [during the development period] are still relevant and will become an important basis for safe, scalable and updated Web 3.0. We quickly develop the degree of decentralization and unlimited access, the code is open “, – says the project blog.

On March 15, the team announced the launch of the test network for developers. The launch of the twin and mainnet is expected in the second and third quarters, respectively.

CEO APTOS MO Shaih, in an interview with TechCrunch, said that to create a Web3 emission for the War Masses, the project intends to cooperate with some world’s largest brands and technological companies. Its assessment exceeded $ 1 billion.

Recall that in December 2021, the Mysten Labs blockchain startup from a group of other META immigrants attracted $ 36 million from Andreessen Horowitz and other investors.

In February 2022, it became known that Diem Association announced the sale of Silvergate Capital Corporation of intellectual property and other assets related to Diem payment network management. According to the media, the transaction amount amounted to about $ 200 million.

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