Aptos Labs’ acquisition of HashPalette positions the company to integrate Japanese businesses into its blockchain ecosystem and expand Web3 innovation.
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.
On Oct. 3, HashPalette announced its decision to migrate to a wholly-owned subsidiary of Aptos Labs following an agreement with its previous owner, HashPort. As part of the acquisition, the Palette Chain blockchain and existing HashPalette applications will be migrated to the Aptos Network.
Source: HashPalette
