Binance’s venture capital wing is increasing its investment in upstart blockchain builder Aptos Labs. realDannyNelson reports
funding round earlier this year. It was not clear how large Binance’s latest investment is; Binance did not immediately respond to CoinDesk.
Aptos, staffed by former Facebook employees, is building a layer 1 blockchain using parts of the tech built for Facebook’s defunct Diem stablecoin project. It is approaching a mainnet launch expected for later this year and wooing decentralized finance builders in the run-up.
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