Compartilhe este artigo
Aptos Revealed as PayPal Ventures’ First Layer 1 Investment
Aptos Labs announced a $200 million funding round in March and has now revealed that the venture arm of the payments giant was among the backers.
Por Brandy Betz
In this article
Aptos Labs, a team that's bringing Facebook’s star-crossed Diem blockchain to life, told CoinDesk that PayPal Ventures was one of the investors in a $200 million funding round confirmed in March. The investment was PayPal Ventures’ first in a base layer project.
“We believe in the work that the Aptos Labs team is doing to build a safe and scalable layer 1 blockchain,” PayPal Ventures investment partner Amman Bhasin said in a statement. “With the promise of improved reliability and security, faster transactions and lower fees, the Aptos blockchain is designed in a way that makes it both conducive to building new rails and compelling to corporate clients and crypto-native developers.”
STORY CONTINUES BELOW
Não perca outra história.Inscreva-se na Newsletter Crypto Daybook Americas hoje. Ver Todas as Newsletters
Notably, PayPal (PYPL) was involved in the initial launch of Libra in June 2019, inking a non-binding commitment to become a member of the Libra Consortium. The company was one of many to pull out of the project later that year.
The Aptos funding round was led by Andreessen Horowitz (a16z) with participation from Multicoin Capital, a16z alum Katie Haun, Three Arrows Capital, ParaFi Capital and Coinbase Ventures, among others. PayPal Ventures’ participation wasn’t revealed in the initial announcement.
The Aptos team is made up of the original creators, researchers, designers and builders of the Diem (formerly Libra) blockchain. Meta Platforms (formerly Facebook) announced the blockchain as the backbone of a stablecoin project in 2019 but the project never made it out of the gate because of regulatory hurdles.
Earlier this year, Meta confirmed the shutdown of Diem and sold the technology and other assets to Silvergate Bank. However, much of the work done by Diem-affiliated teams was placed under open-source licenses, meaning the intellectual property is fair game. Aptos is led by Avery Ching and Mo Shaikh. Ching co-created the Diem blockchain’s DiemBFT consensus protocol, which Aptos is using.
Aptos’ developer testnet launched two months ago. The firm expects to release the mainnet during the third quarter.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
JPMorgan Launches Tokenized Money Market Fund on Ethereum as Wall Street Moves Onchain: Report
The $4 trillion U.S. bank is the latest financial giant in rolling out tokenized MMF onchain, joining BlackRock, Franklin Templeton and Fidelity.
What to know:
- JPMorgan Chase is launching its first tokenized money-market fund on Ethereum, named My OnChain Net Yield Fund (MONY), with an initial $100 million investment.
- The fund is part of a growing trend of blockchain-based financial products, with major firms like BlackRock and Franklin Templeton also entering the space.
- MONY allows investors to redeem shares using cash or USDC and aims to offer similar benefits to traditional money-market funds with added blockchain advantages.
Top Stories
