Diem Raise $200B
Meta (formerly Facebook) threw in the towel on its grand plans to create a digital currency last year. Earlier in 2022, though, it sold the remaining assets to Silvergate Capital for $182 billion
The team behind the original Diem project announced they were working on a new blockchain called Aptos in late February. On March 15, they outlined massive funding round from crypto VCs.
The startup has closed a $200 billion strategic investment led by Andreessen Horowitz (a16z), with participation from Tiger Global, Multicoin Capital, Three Arrows Capital, FTX Ventures, Coinbase Ventures, among others.
The team behind the original Diem project announced they were working on a new blockchain called Aptos in late February. On March 15, they outlined massive funding round from crypto VCs.
The startup has closed a $200 billion strategic investment led by Andreessen Horowitz (a16z), with participation from Tiger Global, Multicoin Capital, Three Arrows Capital, FTX Ventures, Coinbase Ventures, among others.
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