TechFlow news, Binance Labs announced an investment in the public blockchain project Aptos Labs. Aptos and Binance will closely collaborate on development, code review, infrastructure building, and hackathons.
This funding is part of Aptos' latest financing round. According to previous reports, on March 15, Aptos completed a $200 million strategic financing round led by a16z, with participation from Tiger Global, Katie Haun, Multicoin Capital, Three Arrows Capital, FTX Ventures, and Coinbase Ventures.
Aptos is a public blockchain project initiated by former members of Facebook's Diem stablecoin team. It aims to build a more scalable blockchain using the Move programming language and a BFT consensus protocol, designed to serve billions of users.
