What Aptos does

Aptos Labs is a private Web3 infrastructure company founded in January 2022 by former Meta engineers from the Diem/Libra blockchain project. The company develops and operates the Aptos Network, a Layer 1 blockchain built around the Move programming language and featuring the BlockSTM parallel execution engine and Narwhal/Bullshark DAG-based consensus, with claimed sub-second finality and throughput targets up to 170,000 TPS via the Simple-IT protocol. Aptos Labs ships a consumer-and-developer product surface including the Petra self-custodial wallet, Aptos Connect OAuth-based Web3 login, Geomi developer APIs, Aptos Names (.apt identities), Aptos Explorer, and ecosystem products Decibel (AI-powered perpetuals exchange) and Shelby (decentralized storage co-developed with Jump Crypto).

The business model is multi-layered: APT token economics generate protocol fee and staking revenue, while Aptos Labs monetizes indirectly through enterprise infrastructure partnerships, professional services for tokenization deployments, and ecosystem grants funded by the Aptos Foundation. Customer segments span developers and Web3 builders (primary), institutional finance (BlackRock BUIDL, Franklin Templeton, Brevan Howard, Hamilton Lane, Vertalo, tZERO, Hang Seng), consumer platforms (Reliance Jio for ~500M subscribers, NBCUniversal, Yellow Card for Africa), and government pilots (Telangana). Go-to-market combines product-led growth for developers, enterprise field sales for tokenization, and channel partnerships (Bitnomial for CFTC-regulated APT futures, Mastercard Crypto Partner Program, Google Cloud, Microsoft).

To date, Aptos Labs has raised approximately $350M across seed ($200M, a16z-led, Mar 2022) and Series A ($150M, FTX Ventures/Jump Crypto-led, Jul 2022) at a $2.85B post-money valuation, and operates offices in Palo Alto, New York City, and Tokyo following the October 2024 HashPalette acquisition. Revenue is not publicly disclosed; economics flow primarily through the APT token, ecosystem grant deployment (>$150M distributed), and enterprise professional services arrangements.

Name

Aptos

Legal name

Aptos Labs

Website

https://aptoslabs.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

101–250 employees

Short description

Aptos Labs operates a Layer 1 blockchain (the Aptos Network) built on the Move programming language and originated from Meta's Diem project, serving Web3 developers, institutional finance clients (BlackRock, Franklin Templeton, Hamilton Lane), and large enterprise partners (Reliance Jio, NBCUniversal) across consumer, payments, and tokenization use cases.

Ownership category

akta.pro rank

Product category

Layer 1 Blockchain Infrastructure

NAICS

Computer Systems Design and Related Services (54151), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Services-Computer Integrated Systems Design (7373), Services-Computer Programming Services (7371)

akta.pro primary industry

Developer APIs & Node Access (RPC providers, node infrastructure APIs) (FSAPABAC)

akta.pro secondary industries

Deployment, Automation & DevOps (build pipelines, contract deployment tools) (FSAPABAH), DevSecOps & Supply Chain Security (DevOps toolchain security) (BPAEAKAI), Payouts, Disbursements & Mass Payments Infrastructure (FSAGABAN)

Keywords

• Layer 1 blockchain
• Smart contract platform
• Web3 infrastructure
• Digital asset tokenization
• Decentralized applications

Headquarters

HQ city

Palo Alto

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Marketing or Sales, Operations

Revenue model

1. Native Token (APT) Economics: APT token serves as the native cryptocurrency powering the Aptos network. Revenue generated through transaction fees, staking rewards for validators, and token burns from fee buybacks. Ecosystem has distributed over $150M in grants and reports over $1.2B in real-world assets tokenized.
2. Ecosystem Grants and Development: Aptos Foundation and Aptos Labs provide grants and funding to ecosystem projects, developers, and strategic initiatives. $50M committed to AI agent infrastructure development.
3. Enterprise Partnerships: Strategic partnerships with enterprises for blockchain infrastructure, tokenization, and Web3 integration. Includes partnerships with NBCUniversal, Microsoft, Google Cloud, and financial institutions for real-world asset tokenization.

Pricing tiers

Go-to-market motion5 records

Distribution channels7 records

Marketing channels7 records

Core offering

Aptos Labs builds and operates the Aptos Network, a scalable Layer 1 blockchain using the Move programming language, together with a portfolio of consumer and developer-facing products including the Petra Wallet, Aptos Connect (OAuth-based Web3 login), Geomi (developer API platform), Aptos Explorer, and Aptos Names (.apt domains). The company monetizes the platform through enterprise partnerships for real-world asset tokenization, developer tooling, and ecosystem grants, serving financial institutions, telecom operators, and Web3 developers.

Product overview

Aptos Labs offers a suite of consumer and developer-focused Web3 applications built on the Aptos Layer 1 blockchain. The product portfolio includes Petra Wallet (self-custodial asset management), Aptos Connect (OAuth-based Web3 authentication), Geomi (developer API platform), Aptos Explorer (blockchain analytics), Aptos Names (human-readable .apt domains), and Aptos Learn (developer education). Key ecosystem products include Decibel (AI-powered perpetuals exchange) and Shelby (decentralized storage for AI workloads). The company also operates experimental gaming and social applications like Graffio. The products collectively aim to bridge Web2 and Web3, providing essential blockchain infrastructure tools for both end users and builders.

Differentiator

Problem solved

Functional benefit

Brands

• Petra Wallet: Self-custodial wallet for safely storing and managing assets
• Geomi
• Aptos Connect
• Aptos Names
• Aptos Explorer
• Decibel
• Shelby
• Graffio

Products and services

• Aptos Network A high-scalability Layer 1 blockchain developed from Meta's former Libra/Diem project, utilizing the Move programming language for smart contracts. Offers sub-second transaction finality, parallel execution through the Block-STM engine, and supports institutional trading, real-world asset tokenization, and AI agent workloads.
• Petra Wallet A self-custodial digital asset wallet for safely storing and managing assets on the Aptos blockchain. Features include transaction simulation, gas customization, and independent security audits. Free to download and use; gas fees apply for on-chain transactions.
• Aptos Connect A Web3 login and transaction experience enabling apps to connect users with an Aptos account via OAuth through Google, Twitter, or Facebook. Provides an embedded wallet experience where users never leave the app, with easy account creation and simplified in-app transaction signing.
• Geomi A unified developer platform providing fast API access and scalable on-chain infrastructure for building dApps. Includes API access to on-chain activity (accounts, transactions, events), no-code indexing for custom processors, automatic backfilling with real-time sync, and a Gas Station for managing sponsored transactions with fine-grained rate limiting.
• Aptos Explorer A blockchain explorer providing real-time information about Aptos network analytics, validators, and transactions. Includes dedicated reporting for transactions, validators, and blocks with real-time analytics for overall network health.
• Aptos Names A human-readable username service allowing users to adopt .apt domain addresses instead of lengthy wallet public keys. Replaces complex public keys with memorable addresses to reduce transaction errors and serves as the cornerstone for identity in the Aptos ecosystem, sold as annual registrations.
• Decibel An AI-powered on-chain perpetuals exchange incubated by Aptos Labs featuring a fully on-chain central limit order book with smart contract-based matching. Plans to expand into spot markets, unified accounts, and tokenized real-world assets.
• Shelby A decentralized hot storage network designed for real-time Web3 applications including streaming, AI tools, and social feeds. Developed by Aptos Labs and Jump Crypto as the world's first verifiable global object storage system for AI workloads, utilizing a global server network with smart caching for millisecond content delivery.
• Graffio Aptos Labs' first decentralized social application and collective art platform, an experimental service enabling users to experience the Aptos Network through interactive gaming and social applications.

Quantifiable outcome

• 57.1% increase in tokenized RWA value to $542.3M over 30 days
• +3 more outcomes

Named customers17 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Feature12 records

Partnerships

26 partnerships are on record, tiered core, flagship and minor.

• HashPalettecoreStrategic or Co-development Partner · 3 October 2024HashPalette, a Tokyo-based blockchain developer, became a wholly owned subsidiary of Aptos Labs through stock transfer agreement from parent company HashPort. HashPalette will migrate its Palette Chain to the Aptos Network by early 2025. This acquisition marks Aptos' entry into the Japanese market and supports Web3 adoption in Japan.
• Google CloudcoreStrategic or Co-development PartnerLogo-listed partner. Partnership for Web3 gaming initiatives announced March 2024 with Google Cloud team up to elevate Web3 gaming on Aptos network.
• MicrosoftcoreStrategic or Co-development PartnerLogo-listed partner. Partnership announced August 2023 to usher in new age of AI x Blockchain. Also partnered via Aptos Ascend in April 2024 alongside Brevan Howard and SK Telecom.
• MastercardcoreGTM or Marketing PartnerLogo-listed partner. Aptos joined Mastercard Crypto Partner Program, a global initiative bringing together over 85 crypto-native companies to collaborate on digital asset product development.
• NBCUniversalflagshipStrategic or Co-development PartnerLong-term partnership for digital wallet system at Expo 2025 in Osaka. NBCUniversal and Aptos Labs announced strategic collaboration in June 2024 for fan experiences and Web3 integration.
• Reliance JioflagshipStrategic or Co-development PartnerIndia's largest telecom operator partnered with Aptos to launch blockchain-based rewards system called JioCoin for 500+ million subscribers. Announced October 2025 at Aptos Experience event. Currently in beta with approximately 9.4 million users.
• Reliance JioflagshipStrategic or Co-development PartnerIndia's largest telecom operator partnered with Aptos to launch blockchain-based rewards system called JioCoin for 500+ million subscribers. Announced October 2025 at Aptos Experience event. Currently in beta with approximately 9.4 million users.
• Mastercard Crypto Partner ProgramcoreGTM or Marketing PartnerAptos joined Mastercard's global Crypto Partner Program alongside 85+ companies including Binance, Circle, Ripple, PayPal, Solana, Avalanche, Polygon. Program aims to bridge on-chain innovation with conventional payment infrastructure.
• tZEROcoreTechnology or IntegrationtZERO partnered with Aptos Foundation to enhance tokenization capabilities, incorporating Aptos blockchain as preferred execution layer for launching tokenized assets on its Alternative Trading System.
• VertalocoreTechnology or IntegrationSEC-registered transfer agent integrated Aptos as third supported blockchain alongside Ethereum and Tezos. Enables issuers and fund managers to deploy tokenized securities on Aptos network via over 1,000 GraphQL API endpoints.
• VertalocoreTechnology or IntegrationSEC-registered transfer agent integrated Aptos as third supported blockchain alongside Ethereum and Tezos. Enables issuers and fund managers to deploy tokenized securities on Aptos network via over 1,000 GraphQL API endpoints.
• Jump CryptocoreStrategic or Co-development PartnerJump Crypto co-developed Shelby Early Access with Aptos Labs - world's first verifiable global object storage system built for AI workloads. Also backed Aptos' $150M Series A funding round.
• mycominorStrategic or Co-development PartnerUAE-based Web3 streaming platform myco partnered with Aptos Labs and received multi-million dollar partnership from Aptos Foundation. Myco also reported $1M EBITDA and $7.5M revenue for fiscal 2023-24.
• BitnomialcoreStrategic or Co-development PartnerLaunched first-ever U.S. regulated APT futures contract. CFTC-regulated markets for both institutional and retail traders. Mark milestone for Aptos' institutional and retail strategy with ambitions for spot ETF approval.
• TriaminorStrategic or Co-development PartnerSelf-custodial neobank for humans and AI agents raised $12M with participation from Aptos. Platform offers fee-free spending and trading with support for 150+ countries and 1,000+ tokens.
• EkidenminorStrategic or Co-development PartnerLisbon-based blockchain startup building trading infrastructure for professional and institutional users raised €1.7M seed round with participation from Aptos.
• Xange.comminorStrategic or Co-development PartnerLuxembourg-based environmental data company partnered with Aptos Labs and Decibel Foundation to launch Immutable Metadata Digital Certificate (IMDC) for state emission reduction data under Paris Agreement Article 6.2.
• Decibel FoundationflagshipStrategic or Co-development PartnerDecibel is an AI-powered on-chain exchange incubated by Aptos Labs. Raised $50M commitment from Aptos Foundation for AI agent infrastructure including Decibel and Shelby products.
• Government of TelanganaminorStrategic or Co-development PartnerCollaboration with over 20,000 students in Telangana on government blockchain pilots as part of India's Web3 ecosystem development.
• Boston Consulting GroupcoreStrategic or Co-development PartnerJoint report with Boston Consulting Group and Hang Seng Bank found digital money and tokenized assets could double Hong Kong's fund industry. Included participation in HKMA's Project e-HKD+ pilot.
• Hang Seng BankcoreStrategic or Co-development PartnerJoint report with Boston Consulting Group and Aptos Labs on digital money tokenization. Hang Seng completed Phase-2 pilots under HKMA Project e-HKD+ demonstrating programmable digital vouchers and tokenized investment fund settlement.
• TriaminorStrategic or Co-development PartnerSelf-custodial neobank for humans and AI agents raised $12M with participation from Aptos. Platform offers fee-free spending and trading with support for 150+ countries and 1,000+ tokens.
• EkidenminorStrategic or Co-development PartnerLisbon-based blockchain startup building trading infrastructure for professional and institutional users raised €1.7M seed round with participation from Aptos.
• BlackRockflagshipTechnology or IntegrationBlackRock's BUIDL fund added $500M in tokenized assets, making Aptos the second-largest platform in BUIDL's asset deployment. BlackRock's tokenized Treasury products on Aptos growing significantly.
• Franklin TempletonflagshipTechnology or IntegrationTokenized funds launched on Aptos through Libre platform alongside BlackRock and Hamilton Lane. Franklin Templeton logo listed among backers.
• CoinbaseminorStrategic or Co-development PartnerCoinbase's dual positioning as both Circle USDC partner and OUSD backer. OUSD backed by 140+ companies including BlackRock, Coinbase, Visa, Mastercard, and Aptos Labs.

Scale indicators12 records

Recent moves1 record

Expansion highlights6 records

Broad incumbents

• Ethereum Foundation: Ethereum is the dominant Layer 1 smart contract platform with the deepest liquidity, developer base, and institutional RWA footprint (BlackRock BUIDL originated on Ethereum). Aptos competes directly with Ethereum for RWA tokenization and institutional finance integrations.
• BNB Chain: BNB Chain is a high-volume general-purpose Layer 1 with deep user liquidity and emerging RWA activity (e.g., tokenized treasuries). Co-member with Aptos in the Mastercard Crypto Partner Program and broader competitor for Web3 consumer wallet users globally.
• Tezos: Tezos is an L1 emphasizing formal verification and institutional tokenization — Vertalo integrated both Aptos and Tezos as supported chains for SEC-registered transfer services. It is a partial institutional-RWA competitor with a similar safety-by-design positioning.

Direct peers

• Polygon Labs: Polygon operates a Layer 1/Layer 2 ecosystem with a strong enterprise RWA and payments pitch; co-member with Aptos in the Mastercard Crypto Partner Program. Competes for tokenization, institutional settlement, and global payment use cases.
• Sui: Sui is a Layer 1 blockchain built by fellow former Meta Diem engineers, using the same Move programming language and pursuing parallel-execution architecture. Direct competitor for developer mindshare, enterprise RWA, and consumer wallets (e.g., similar tokenization, DEX, and wallet offerings).
• NEAR Protocol: NEAR is a high-throughput Layer 1 blockchain emphasizing sharding and low-cost transactions, with growing RWA and enterprise partnerships (e.g., HKMA, telecom integrations) that overlap with Aptos' go-to-market focus.
• Avalanche Foundation: Avalanche runs a high-performance Layer 1 with dedicated subnet infrastructure and an aggressive RWA institutional strategy (Ava Labs, SkyBridge, etc.). Competes with Aptos in tokenized funds, sub-second finality, and TradFi partnerships.
• Solana Labs: Solana operates a high-throughput Layer 1 blockchain emphasizing parallel execution and low fees, directly competing for the same developer mindshare, DEX volume, payments, and consumer-facing Web3 apps that Aptos targets.

Emerging players

• Internet Computer (DFINITY): DFINITY's Internet Computer offers an alternative Layer 1 architecture for decentralized compute and storage, overlapping with Aptos' Shelby decentralized storage push and AI agent infrastructure thesis.
• Sei Network: Sei is an emerging high-throughput Layer 1 (originally Move-compatible via twin-turbo consensus) targeting trading and parallel execution workloads — a meaningful but partial overlap with Aptos on trading infrastructure (e.g., Decibel) and consumer app performance.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/aptoslabs
• GitHubgithub.com/aptos-labs
• LinkedInlinkedin.com/company/aptoslabs
• Facebookfacebook.com/aptoslabs

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries1 record

Funding overview

Funding rounds3 records

Investors33 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments45 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aptos