Illustration: Gabriella Turrisi/Axios
Aptos Labs, a blockchain startup founded by former Meta employees, raised $150 million in Series A funding led by FTX Ventures and Jump Crypto.
Why it matters: The deal shows that investors are plenty hungry for a project that can fulfill the broader blockchain ecosystem's unrealized promises — and for talent that came out of Meta’s Diem/Novi project, despite its ultimate failure.