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American City Business Journals
A 4-month-old cryptocurrency startup is now worth more than $1B after raising a $200M round
Maybe Meta Platform Inc.’s abandoned cryptocurrency efforts weren’t entirely a waste of time. After leaving the social networking giant in December, a pair of veterans of its digital currency effort launched a blockchain technology startup called Aptos Labs. Mo Shaikh and Avery Chang, the CEO and chief technology officer, respectively, of the Palo Alto startup left Meta because it wasn’t making progress on its cryptocurrency project, Shaikh told Bloomberg.
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