Crypto startup founded by ex-Meta employees raises US$200mil


Meta's abandoned digital currency project, Diem may be getting a second go, with former staff forming a new crypto project that's raised RM839.8mil in funding. — AP Photo/File

Aptos Inc. is the latest crypto effort to spring from the dashed dreams of Diem, the abandoned digital currency project of Meta Platforms Inc.

Founded just four months ago, Aptos on Tuesday said it had raised US$200mil (RM839.8mil) at a valuation of more than US$1bil (RM4.2bil).

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Texas online porn age-verification law goes to US Supreme Court
EU will fully enforce social media rules, says digital chief
Exclusive-Meta warns India antitrust ruling could force roll back of features, hurt business
Nokia signs multi-year patent license agreement with Samsung
Trending off TikTok? US users going to China’s RedNote face challenges, analysts say
From ban to buyout: What next for TikTok in the US?
TRX and Bukit Bintang MRT stations now accept card payments at token machines
Spanish youth ditch dating apps for ‘real life’ love
‘Red Note’, a Chinese app, is dominating downloads, thanks to TikTok users
Meta not ending fact-checks outside US yet, fails to appease Brazil

Others Also Read