Aptos Raises $150 Million in New Capital to Realize its Web3 Vision
Aptos, the developers of a highly scalable Layer 1 blockchain, have announced they raised $150 million in a Series A funding round led by FTX Ventures and Jump Crypto. The Aptos team plans to use the newly-acquired funds to realize their Aptos Vision, which includes further work on the low latency Byzantine Fault Tolerant (BFT) engine, dedication to Layer 1 scalability improvements, and the launch of mainnet later this year.