Aptos Foundation and Alibaba Cloud signed a new cooperation agreement, soon after which the price of this token began to increase.
In the latest announcement of the day, Aptos Foundation and Alibaba Cloud have signed a new cooperation agreement, This is an important move to strengthen the Web3 ecosystem in Japan and improve accessibility to the Asia-Pacific region.
Aptos Foundation and Alibaba Cloud have partnered to launch Alcove, Asia’s first co-branded Move developer community. Through Alcove, Aptos Foundation and Alibaba will create an environment for developers to innovate and drive the wave of digital conversion.
This partnership therefore aims to improve regional access in APAC, with Japan becoming the first region to benefit.
1/ Aptos Foundation & @alibaba_cloud are back to grow Web3 in another emerging Web3 hub – Japan! 🇯🇵
Through their initiative @Alcove_proAsia’s first co-branded Move developer community, efforts are underway to boost Web3 in Japan, with expert-led hackathons, education, & more. pic.twitter.com/qmdTGMIYcA
— Aptos (@Aptos) June 28, 2024
Aptos Foundation Senior Executive, Bashar Lazaar, spoke about this collaboration:
By collaborating with the Alibaba Cloud team and the help of their advanced technology, we hope to create a dynamic environment to promote interest in Web3 in the Japanese market and the vigorous development of IP.
As we work to expand the Aptos ecosystem globally, we are committed to creating the best user experiences for the next generation of developers in Japan, APAC and beyond.
After the announcement of the partnership between Aptos Foundation and Alibaba was made, APT price has increased by more than 3.1% in the last 24 hours and is trading at $7.05 at the time of writing.
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