Aptos Labs enters Japan through HashPalette acquisition
- bhoomisinghal0
- Oct 3, 2024
- 1 min read
Aptos Labs, the developer of the Aptos Network, has signed an agreement to acquire HashPalette, a Japanese non-fungible token (NFT) service provider, in a move to expand its presence in Asia. Today, HashPalette announced its decision to migrate to a wholly-owned subsidiary of Aptos Labs following an agreement with its previous owner, HashPort. Aptos Labs is the innovation arm of the Aptos Foundation, dedicated to innovations and development for retailers. The company plans to use HashPalette’s relationships with Japanese businesses as “a gateway to some of Japan’s most influential companies.”
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