November 23, 2024

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Aptos token rises 11.6% after Microsoft deal to marry AI with blockchain

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Aptos token rises 11.6% after Microsoft deal to marry AI with blockchain

Aptos (

Despite the price pump, the Aptos token is still down 62.9% from its all-time high price of $19.92 on Jan. 26, 2023, according to CoinGecko.

The Aptos Network launched on Oct. 17 after four years of development. Aptos was founded by former Meta employees Mo Shaikh and Avery Ching, who also had a role in Meta’s failed Diem project.

It closed $150 million in funding in July 2022 and $200 million in March 2022 from the likes of Andreessen Horowitz, Coinbase Ventures and FTX Ventures.

Magazine: China’s blockchain satellite in space, Hong Kong’s McNuggets Metaverse: Asia Express