Aptos Labs, the parent company of the Aptos blockchain, raised over $350 million over multiple funding rounds last year, as CoinDesk previously reported. The firm was founded by former employers of Facebook’s parent company, Meta Platforms (META), after Facebook abandoned its own plans to create a blockchain-based payments network called Diem (formerly Libra).
Source: https://www.coindesk.com/markets/2023/04/11/aptos-bumps-ahead-of-50m-token-unlock-which-may-add-selling-pressure/?utm_medium=referral&utm_source=rss&utm_campaign=headlines