Aptos Raised $200 Million In A Strategic Round
Aptos has raised $200 million in a strategic round led by a16z crypto with participation from Multicoin Capital, Katie Haun, 3 Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos and Coinbase Ventures, as well as a great supporting cast of other phenomenal firms, executives and angels across the Web2 and Web3 ecosystems. Aptos needs these partners and this capital to continue growing its team (already 25+ people!) and to support the companies, brands and builders who are eager to build on Aptos.
In addition to the funding, Aptos stated that they are taking a major step forward today with the launch of Aptos’ public Devnet! The codebase is now open source. The network is up. Docs are live.
Aptos is for people who want to build software that touches billions of other people. Over the past months we’ve talked with hundreds of developers, brands, and companies about their projects; there’s a lot to be excited about. They’re building next-gen social media platforms, rich NFT experiences, Web3 games, creator-first media and entertainment businesses, cheap and secure payments, DeFi-integrated fintech products, and so much more.
Aptos Mainnet is expected to occur in Q3 2022. That means if you plan to build a production-grade application on Aptos, you have roughly six months to build prior to revealing your creations to the world.
ABOUT Aptos
Aptos is building the safest and most scalable Layer 1 blockchain.
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