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Aptos Labs Agrees to Acquire HashPalette

Twitter icon  •  Published 19 hours ago  •  Hassan Maishera

On Wednesday, Aptos Labs announced via X that it has agreed to acquire HashPalette, the pioneers behind Japan's Palette Chain.

On Wednesday, Aptos Labs announced via X that it has agreed to acquire HashPalette, the pioneers behind Japan's Palette Chain. The migration of Palette Chain's diverse apps will introduce Aptos to millions.

As part of the agreement, HashPort will migrate the Palette Chain and HashPalette’s applications to the Aptos Network. By joining the Aptos ecosystem, Palette Chain’s ecosystem will gain access to enhanced scalability, stronger security, and a comprehensive suite of developer tools.

Aptos is a scalable layer-1 blockchain based on the Move programming language. APT is the project's native token. APT is up 8%, trading at $8.24 per coin.

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Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.