Aptos Labs announced the acquisition of HashPalette, marking a strategic expansion into the Japanese market. Through this acquisition, Aptos will become the exclusive blockchain support partner for the digital wallet of the Osaka and Kansai Japan Expo 2025.

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According to TechFlow news on October 3, Aptos Labs announced the acquisition of HashPalette, marking a strategic expansion into the Japanese market.
It is reported that HashPalette Inc. is a subsidiary of HashPort Inc. and the developer of the Palette blockchain. Under the agreement, HashPort will migrate the Palette Chain and the applications of HashPalette to the Aptos network, including the EXPO2025 digital wallet for the Osaka and Kansai Japan Expo in 2025.
Through this acquisition, Aptos will become the exclusive blockchain support partner for the EXPO2025 digital wallet at the Osaka and Kansai Japan Expo 2025, and it will also strengthen Aptos's relationships with some of the most influential companies in Japan.
At the same time, holders of the governance token of Palette Chain (PLT) are expected to be able to exchange their PLT tokens for APT (the native token of Aptos) starting at the end of November.
It is important to note that the transaction has not yet been finalized and is still in the final approval stage.
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Aptos Labs is in the process of acquiring HashPalette, strategically expanding into the Japanese market.