Aptos Labs announced the acquisition of HashPalette Inc., a subsidiary of HashPort Inc. and the developer of Palette Chain, according to Odaily Planet Daily. HashPort will migrate Palette Chain and HashPalette's applications to the Aptos network, including the EXPO2025 digital wallet provided for the 2025 World Expo in Osaka, Kansai, Japan.

With this acquisition, Aptos Labs is committed to expanding its footprint in Asia and bringing the Aptos Blockchain to one of the world’s most innovative digital economies. The transaction is subject to customary closing conditions and approvals.

Aptos Labs' acquisition of HashPalette is a strategic move to enter the Japanese blockchain market. HashPalette has established partnerships with major Japanese companies including KDDI, making this acquisition a gateway to connect some of the most influential companies in Japan. Leveraging these partnerships, coupled with the Aptos Network's technology, Aptos Labs will drive Web3 adoption in Japan's entertainment, gaming, and digital asset sectors.