Aptos officially enters the Japanese market with the acquisition of HashPalette Inc. a subsidiary of HashPort Inc. and the Palette blockchain.HashPalette has built strong relationships with major Japanese companies, including KDDI.
Palette chain migration
Under the agreement, HashPort will migrate the Palette chain and its applications to the Aptos network. This migration is more than just a technical upgrade, it's designed to give Japanese developers and creators the resources they need to build even more amazing projects on a global scale.
By joining the Aptos ecosystem, the Palette Chain ecosystem will gain enhanced scalability, stronger security, and a comprehensive set of development tools that will allow them to innovate and grow their projects like never before.
Aptos to Power Digital Wallet for Expo 2025
Integration of the Palette chain ecosystem with Aptos is expected to be complete by January 2025, just in time for Expo 2025, which will be held in Osaka from April to October 2025 - the largest and most prestigious international exhibition expected to attract more than 28 million visitors.Aptos will be the the exclusive blockchain to support the Expo 2025 digital wallet.
The partnership will enable Expo attendees to interact with NFTs, digital assets, and decentralized applications through the Expo 2025 Digital Wallet powered by Aptos. Users will be able to unlock features such as pavilion bookings, ticketing, loyalty programs and digital collectibles.
Building Web3 Future in Japan
In addition to the acquisition agreement, Aptos Labs will establish a strategic partnership with HashPort, a leading blockchain consulting and solutions company in Japan. This partnership will allow HashPort to continue to use the Aptos network's infrastructure to build blockchain solutions for its enterprise customers, further driving the mass adoption of Web3 in the country.
As part of our commitment to the Japanese blockchain ecosystem, Aptos Labs will support local developers, NFT creators, and businesses to help foster a vibrant and organically growing Web3 community. We are also committed to collaborating with universities, research institutions and blockchain startups to inspire a new wave of innovation across the country.
By acquiring HashPalette and integrating the Palette chain, we have taken a huge step forward in shaping the future of Web3 in Japan and globally.
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