Aptos Labs, a startup built by employees who developed the blockchain behind Meta Platform Inc.’s now-defunct payment system Diem, today said that it has raised $200 million in strategic funding led by Andreessen Horowitz. Coinbase Ventures, FTX Ventures, Tiger Global, Multicoin Capital, 3 Arrows Capital, ParaFi Capital, Irongrey, 3 Arrows...
Facebook’s audacious attempt at creating a crypto payments network met an unceremonious end earlier this year when Silvergate Capital acquired the Diem technology assets for $182 million. The deal showcased how Facebook, now Meta, is left with few regulator-blessed paths forward to become a central player in the blockchain ecosystem, a...
