Foresight Ventures announced a multi-million dollar strategic investment in Layer-1 blockchain Aptos (APT). The APT price started to rise within minutes.
Aptos CTO Avery Ching said that this partnership will strengthen blockchain’s presence in the Asia-Pacific region and help drive the development of Web3 applications. “This partnership will strengthen Aptos’ presence and resource allocation in the Asia-Pacific region. It is an important step towards realizing our vision of expanding Web3 use cases and positioning Aptos as the foundational infrastructure for the next wave of Web3 adoption,” Ching said.
APT price started to rise
Forest Bai, CEO of Foresight Ventures, also supported this vision, saying that both parties are focused on creating user-friendly solutions in the blockchain field.
“Aptos has built a strong developer-focused ecosystem with its high-performance infrastructure, innovations like Block-STM, and the mature interoperability of the Move ecosystem,” Bai commented.
He emphasized that with Foresight Ventures’ investment, they will contribute to opening new markets and demonstrate their shared commitment to creating accessible blockchain solutions.
Foresight Ventures’ investment was well-received in Aptos markets, with the APT price rising more than 3% in the minutes following the announcement, according to TradingView data.
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