TechFlow news, September 19 — Bixin Ventures announced a strategic investment in Aptos Labs. This funding round is a follow-on to the financing round led by FTX Ventures and Jump Crypto announced in July this year, with specific amounts undisclosed. The funds will support Aptos in further building its secure, scalable blockchain and ecosystem development.
Bixin Ventures said: "We are very excited to participate in this round of financing for Aptos and to work closely with the team. Bixin Ventures has always been committed to investing in and supporting teams and projects that leverage blockchain technology to change the world. Aptos shares the mission of enabling billions of people to benefit from decentralized assets in a universal and equitable way. We hope to closely support the development of the Aptos ecosystem through Bixin Ventures’ experience in the Starcoin public chain and Move language."
Aptos Co-founder and CEO Mo said: "Aptos is building upgradability and practicality for Web3, enabling developers to better build applications for future needs and consumers, further accelerating the widespread adoption of Web3. Bixin brings deep expertise, and their participation and close support will help us further enrich our ecosystem and create an optimal platform for applications built using the Move language. We are excited to collaborate strategically with Bixin, which will continuously advance the Move community on Aptos."
