Aptos Labs Raises $200 Million in Strategic Round

New York – March 16, 2022 – KFL advised Aptos Labs on its $200 million strategic investor round.  The KFL team consisted of Eitan Hoenig, Sonia Farber, Agatha Kluk, Elizabeth Thorne, and Nike Anders.

The round was led by a16z crypto, with additional participation from Multicoin Capital, Katie Haun, 3 Arrows Capital, Irongrey, ParaFi, Variant, Tiger Global, Hashed, BlockTower, FTX Ventures, Paxos and Coinbase Ventures. Aptos Labs plans to use the capital to continue growing its team and scaling the network as it works towards launching its Mainnet in Q3 2022. 

“[W]e plan to use our funding to support these groups as they journey into Web3 and help bring safer, fairer technology to the people they serve,” Mo Shaikh, Co-Founder and CEO of Aptos Labs, said in a TechCrunch article.  

Founded by the original creators, researchers, designers, and builders of Diem, Aptos Labs is a Layer 1 blockchain, guided by a mission to “create universal and fair access to decentralized assets for billions of people.” 

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