The partnership between the Aptos Foundation and Alibaba Cloud has ignited a series of Alcove initiatives aimed at propelling the adoption of the Move smart contracts programming language in Asia. Through a Move developer meetup co-hosted by OKCoin Japan and Alibaba Cloud, Aptos Foundation is paving the way for developers to explore the benefits of Web3 and showcase their capabilities. This strategic collaboration is set to enhance the impact and adoption of the Move programming language, which offers unparalleled security, scalability, and speed advantages. The joint effort between Aptos Foundation and Alibaba Cloud is poised to revolutionize the Web3 landscape in Asia, starting with Japan as the primary focus. Japan's conducive regulatory environment for blockchain and cryptocurrencies positions it as an ideal hub for steering Web3 innovations on a global scale. The recent positive market response, with a 2.96% increase in the value of Aptos' native crypto, APT, underscores the significance of this collaboration. Through Alcove initiatives such as hackathons and developer meetups, Aptos Foundation aims to foster talent and inspire the next generation of Web3 developers and innovators in the region and beyond.
Collaboration Between Aptos Foundation and Alibaba Cloud Sparks Alcove Initiatives in Asia

by Giorgi Kostiuk
2 years ago

Other news
MSCI's Decision Provides Relief for Strategy

MSCI's decision not to exclude digital asset treasury companies from its global equity indexes eases concerns for Strategy, allowing its stock to post a modest gain.

Pi Network Shows Bearish Patterns as Token Supply Increases

Pi Coin is showing bearish patterns, indicating potential further declines in price.

2026 Introduces New Maturity Benchmarks for Fundraising

In 2026, fundraising is characterized by new maturity benchmarks that require founders to provide more evidence of traction and operational control at every stage.

New Geographic Clusters Drive Venture Capital Returns in 2026

In 2026, geographic clusters like Saudi Arabia and Latin America are emerging as key players in venture capital, focusing on regulatory stability and market size.

2026 Sees Convergence of Private and Public Markets

In 2026, the boundaries between private and public markets are increasingly blurred as startups remain private longer, developing robust liquidity channels and emphasizing operational maturity.

2026 Marks a New Era in Venture Capital with Structural Maturity

The global venture capital landscape in 2026 has transitioned into an era of structural maturity, characterized by a shift from speculative blitzscaling toward disciplined, data-centric value creation.

Be the first to know about crypto news every day
Get crypto analysis, news and updates right to your inbox! Sign up here so you don’t miss a single newsletter