Founded by former employees of Meta stablecoin arm Diem, blockchain company Aptos Labs announced a US$150 million Series A funding round led by FTX Ventures and Jump Crypto on Monday, according to a press release.
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- Venture capital and crypto firms such as Andreessen Horowitz, Multicoin Capital, and Circle Ventures joined in, Aptos said.
- Aptos said the latest fundraise would support the company’s growth in gaming, social networks, media and entertainment, and finance.
- The funding round more than doubled the startup’s previous valuation, which was over US$1 billion in March, according to Bloomberg.
- Aptos Labs has raised at least US$350 million this year; its March seed round closed at US$200 million, led by Andreessen Horowitz.
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