U.S. markets open in 5 hours 37 minutes
  • S&P Futures

    3,740.75
    +50.50 (+1.37%)
     
  • Dow Futures

    29,888.00
    +350.00 (+1.18%)
     
  • Nasdaq Futures

    11,476.50
    +190.75 (+1.69%)
     
  • Russell 2000 Futures

    1,743.10
    +28.20 (+1.64%)
     
  • Crude Oil

    83.98
    +0.35 (+0.42%)
     
  • Gold

    1,718.80
    +16.80 (+0.99%)
     
  • Silver

    21.04
    +0.45 (+2.19%)
     
  • EUR/USD

    0.9874
    +0.0047 (+0.47%)
     
  • 10-Yr Bond

    3.6510
    0.0000 (0.00%)
     
  • Vix

    29.38
    -2.24 (-7.08%)
     
  • GBP/USD

    1.1399
    +0.0080 (+0.70%)
     
  • USD/JPY

    144.6320
    +0.0120 (+0.01%)
     
  • BTC-USD

    19,930.80
    +725.35 (+3.78%)
     
  • CMC Crypto 200

    452.99
    +17.64 (+4.05%)
     
  • FTSE 100

    6,978.76
    +70.00 (+1.01%)
     
  • Nikkei 225

    26,992.21
    +776.42 (+2.96%)
     

Aptos raises US$150 mln from FTX Ventures, Jump Crypto

·1 min read

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.

See related article: Crypto startup funding falls by 26% in H1 2022: report

Fast facts

  • 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.

See related article: Crypto market pain will continue but still bullish on Bitcoin lending: Silvergate