PayPal Ventures Participated in Aptos Labs' $200 Million Funding Round Closed in March

PayPal Ventures was one of the investors in the $200 million funding round that Aptos Labs closed in March. Previously, Aptos, a new public chain project founded by members of the original Diem team, closed a $200 million strategic funding round in March led by a16z, with participation from Tiger Global, Multicoin Capital, Three Arrows Capital, FTX Ventures, Coinbase Ventures, and others. Aptos is reportedly expected to launch its mainnet in the third quarter of this year.