BlackRock, the largest investment firm in the world, has expanded its BUIDL RWA fund to five new blockchains, including Aptos, Arbitrum, Avalanche, OP Mainnet, and Polygon. Until now, BUIDL was exclusively available on Ethereum.
Last night, the L1 blockchain Aptos launched a 24-hour crypto event. During this period, users could (and still can) visit the platform to creatively mark a graphical canvas, using a minor amount of APT for transaction fees. After the set project duration ends, an NFT will be generated.
Aptos Labs is set to work with Microsoft to infuse its blockchain products, including fresh developments, with artificial intelligence. Aptos Assistant, a chatbot, is one such innovation that educates users about the Aptos ecosystem and assists developers in crafting smart contracts and decentralized apps. A 15% rise in the APT token's value followed the announcement of the collaboration.
Aptos development team wallet transferred over 1 million APT (~$20 million) from the main wallet to the Binance exchange. More than 1/3 of the total APT supply ($985 million) remains in the wallet. If these coins will hit the market, the APT price may undergo a significant correction. Although APT attracted a lot of attention with a sharp price increase of more than 450% in a month, one should always keep in mind the project is too centralized: 97% of the total supply is held by only 20 wallets. Thus, the price can be easily manipulated.
