Lambda256 Collaborates with APTOS: A New Era in Blockchain Integration

FinanceFeeds Editorial Team

Dunamu’s tech division, Lambda256, unveils a strategic alliance with APTOS, marking a significant leap towards diversifying its Luniverse platform and fortifying the global Web3 ecosystem.

Lambda256, Dunamu’s blockchain tech branch, unveiled a pivotal partnership with APTOS during the “Rising Web3 in Seoul” event at the Google Startup Campus in Seoul on September 4th. This alliance was disclosed in a grand presentation, where Jae-hong Kim, the Business Head of Lambda256, highlighted the newest addition to their Luniverse platform: the ‘Luniverse NOVA’ public chain extension. Furthermore, Kim disclosed that APTOS would be the latest blockchain system to join Luniverse, with integration slated for later this year.

With the addition of APTOS to the Luniverse platform, Lambda256 is gearing up to further elevate the Korean and global Web3 service landscapes via technological partnerships. The primary goals will include offering node services, educational opportunities, and bolstering community relations, starting with integrating APTOS.

Luniverse praised for its user-friendly blockchain foundation, has been on a growth trajectory, supporting EVM-based nodes such as Ethereum, Polygon, and Arbitrum since the year’s onset. The assimilation of APTOS into Luniverse is significant, as it’s the first instance of integrating Non-EVM-based networks.

Jae-hong Kim voiced his aspirations for this collaboration, noting, “Our alliance with APTOS is geared towards nurturing the growth of non-EVM chains locally and thrusting Luniverse on the global stage.”

About Lambda256

Led by CEO Jay Park, Lambda256 emerged as a standalone entity in March 2019 and operates as the blockchain cornerstone of Dunamu (Upbit). They helm Luniverse, a cloud-powered blockchain infrastructure, ushering in the commercial era of blockchain technology. This platform offers a wide range of services, from asset tokenization and brand NFTs to node/API services for public chains. Lambda256’s portfolio includes the NFT design hub ‘CYPHRLY’ and the travel rule tool ‘VerifyVASP.’

About Luniverse

Luniverse stands as a streamlined, scalable, and safeguarded Web3 development realm. It’s a gateway for Web3 initiatives, equipped with intuitive development resources, APIs, and operational tools. Luniverse facilitates the seamless integration of developers and businesses into the blockchain sphere, offering node services, multichain APIs for Ethereum and Polygon, and essential operational tools for blockchain management.

Read this next

Digital Assets

Bybit exits UK market ahead of regulatory changes

Bybit is suspending its cryptocurrency services for users in the United Kingdom due to impending regulations from the country’s Financial Conduct Authority (FCA).

Digital Assets

Binance argues SEC trampled authority set by Congress

Binance, Binance.US, and Changpeng Zhao have jointly filed to dismiss a lawsuit brought by the Securities and Exchange Commission (SEC) in June.

Uncategorized

Oscar Asly replaces Rasha Gad as CEO of M4Markets Dubai

Seychelles-regulated brokerage firm M4Markets has secured a license from the Dubai Financial Services Authority (DFSA) after it has already incorporated its new subsidiary in the Dubai International Financial Center (DIFC).

Retail FX

Capital Index UK reports mitigated loss despite revenue drop

FCA-regulated brokerage firm Capital Index (UK) Limited has released its annual financial report for the year 2022.

Digital Assets

Mike Novogratz’s Galaxy Digital expands in Europe

Galaxy Digital, the New York-based cryptocurrency financial services company founded by Mike Novogratz, is expanding its presence in Europe by appointing Leon Marshall as its first European CEO.

Metaverse Gaming NFT

Turingum Partners with MarketAcross to Drive Web3 Adoption in Global and Japanese Markets

Global blockchain PR leader MarketAcross joins forces with Japanese Web3 specialist Turingum to mutually expand its market reach, aiming to fortify Turingum’s worldwide footprint and MarketAcross’s presence in the lucrative Japanese blockchain landscape.

Digital Assets

Binance to delist all stablecoins in Europe next year

During a public hearing with the European Banking Authority (EBA), an executive from Binance said that the exchange could ultimately delist stablecoins from its European platforms by June 30, 2024.

Industry News

“Unconscionable conduct”: ASIC fines National Australia Bank $2.1m for overcharging customers

NAB faces a $2.1 million penalty for unconscionable conduct, as the Federal Court rules the bank knowingly overcharged customers, and took over two years to rectify the situation.

<