Binance Labs, the venture capital arm and innovation incubator of Binance, made a strategic investment in Aptos Labs, a Layer 1 blockchain built by some of the original creators, researchers, designers, and builders of the Diem blockchain, to accelerate adoption of the decentralized ecosystem.
The project has recently raised $200 million in a strategic round led by a16z crypto with the participation of Multicoin Capital, Katie Haun, 3 Arrows Capital, ParaFi Capital, IRONGREY, Hashed, Variant, Tiger Global, BlockTower, FTX Ventures, Paxos, Coinbase Ventures, and more.