Connect with us
Prague Gaming & TECH Summit 2025 (25-26 March)

Blockchain

APT soars 7% as Aptos acquires Japanese blockchain developer HashPalette

Published

on

apt-soars-7%-as-aptos-acquires-japanese-blockchain-developer-hashpalette

Aptos Labs, the developer of the Layer 1 blockchain Aptos Network, has announced its acquisition of HashPalette Inc., a Japanese blockchain developer and subsidiary of HashPort Inc. This strategic move aims to expand Aptos’ presence in Japan’s blockchain market. As part of the acquisition, HashPalette’s Palette Chain and its applications will be migrated to the Aptos Network by early 2025. Additionally, holders of Palette Chain’s governance token, PLT, will have the option to exchange it for APT, though details are yet to be finalized.

The acquisition comes as Aptos prepares to be the exclusive blockchain powering the digital wallet system for Expo 2025 in Osaka, allowing participants to interact with NFTs, digital assets, and decentralized applications via Aptos’ infrastructure. The announcement led to a 7.32% surge in the price of Aptos’ native token, APT, while PLT dropped by 15%.

This deal follows other recent moves by Aptos, including a $10 million fund launched in collaboration with OKX Ventures to support projects on its blockchain, further boosting its growth and innovation in the Asia-Pacific region.

Source: crypto.news

Advertisement

The post APT soars 7% as Aptos acquires Japanese blockchain developer HashPalette appeared first on HIPTHER Alerts.

Continue Reading
Advertisement

Blockchain

Bybit Strengthens Partnerships and Explores Islamic Finance Innovation at Exclusive Forum

Published

on

bybit-strengthens-partnerships-and-explores-islamic-finance-innovation-at-exclusive-forum
Continue Reading

Blockchain

Automotive Finance Strategic Business Report 2024: Global Market to Reach $517.9 Billion by 2030, Fueled by Increasing Preference for Flexible Finance Options, Including Leasing & Subscription Models

Published

on

automotive-finance-strategic-business-report-2024:-global-market-to-reach-$517.9-billion-by-2030,-fueled-by-increasing-preference-for-flexible-finance-options,-including-leasing-&-subscription-models

Automotive Finance Market

Continue Reading

Blockchain

Co-branded Credit Card Market Trends and Industry Forecast, 2025-2030 – Untapped Sectors like E-Sports and Decentralized Platforms in the Crypto Space Present Business Opportunities

Published

on

co-branded-credit-card-market-trends-and-industry-forecast,-2025-2030-–-untapped-sectors-like-e-sports-and-decentralized-platforms-in-the-crypto-space-present-business-opportunities

Co-branded Credit Card Market

Continue Reading
Advertisement
 title=
Advertisement

Latest News

Recent Listings

  • Global Payout, Inc.

    Since the Company’s inception in 2009, Global Payout, Inc. has been a leading provider of compreh...

  • MTrac Tech Corp.

    MTrac Tech Corporation, a Nevada Corporation, is a privately held, wholly owned subsidiary of Glo...

  • Net1

    Net1 is a leading provider of transaction processing services, financial inclusion products ...

  • uBUCK Technologies SEZC

    Based in Georgetown, Cayman Islands, uBUCK Tech is a fintech enterprise that specializes in digit...

  • LiteLink Technologies Inc.

      LiteLink is a major player in developing world-class enterprise platforms that utilize ar...

  • Good Gamer Corp.

      Good Gamer Corp. is a privately-held technology company focusing on gamers and streamers....

  • BitPay

      Founded in 2011, BitPay pioneered blockchain payment processing with the mission of trans...

  • About Net1

      Net1 is a leading provider of transaction processing services, financial inclusion produc...

  • Blockchain Foundry Inc.

    Headquartered in Toronto, Canada, Blockchain Foundry (CSE:BCFN)(FWB:8BF)(OTC:BLFDF) is a global b...

  • Sixgill

    Sixgill provides a full suite of universal data automation and authenticity products and services...

Trending on TBE