As an important move to strengthen Japan's Web3 ecosystem and improve regional accessibility in the Asia-Pacific region, Aptos Foundation and Alibaba Cloud have signed a new collaboration.
Under this partnership, Aptos Foundation and Alibaba Cloud launched Alcove, the first co-branded Move developer community in Asia.
Through Alcove, Aptos Foundation and Alibaba will create an environment for developers to thrive, innovate, and drive the next wave of digital transformation.
As a result, Aptos Foundation will work with Alibaba Cloud to improve regional accessibility in the APAC region, with Japan becoming the first region in Asia Pacific to benefit from Aptos collaboration.
Aptos Foundation senior executive Bashar Lazaar said the following about the new collaboration:
“By partnering with the Alibaba Cloud team and with the help of their technology, we aim to create a vibrant environment that allows Japan's growing interest in Web3 and IP strengths to flourish.
“As the foundation works to expand Aptos' ecosystem globally, we are committed to creating the best user experiences for the next generation of developers in Japan, APAC and beyond.”
APT price increased after the new collaboration between Aptos Foundation and Alibaba. APT, which has increased by 2.6% in the last 24 hours, continues to be traded at $ 7.03 at the time of writing.
*This is not investment advice.