Aptos Labs Raises $150M in Latest Financing Round

New York – August 1, 2022 – Kluk Farber Law advised Aptos Labs in their latest financing round. The KFL team consisted of Eitan Hoenig and Nike Anders.

The round was led by FTX Ventures and Jump Crypto, including new investments from Apollo, Griffin Gaming Partners, Franklin Templeton, Circle Ventures, Superscrypt founded by Temasek, and continued support from a16z crypto and Multicoin.

"We've known for a while that, due to issues like outages and downtime, current blockchains are not fit for purpose when it comes to mass Web3 adoption," Mo Shaikh, Aptos' co-founder and CEO, said in the press release. "That's why we're building a blockchain to be the reliable foundation for Web3 that ushers in users from around the world to experience the benefits of decentralization."

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