Aptos Labs has officially announced the acquisition agreement for HashPalette Inc., which is a subsidiary of HashPort Inc. and the developer of the Palette blockchain. As part of the agreement, HashPort will migrate the Palette Chain and HashPalette applications to the Aptos network, including the EXPO2025 digital wallet for the Osaka Kansai 2025 World Expo. The governance token of Palette Chain, PLT, will be exchanged for Aptos's native token, APT. The transaction is subject to customary closing conditions and approvals.

According to Foresight News, Aptos Labs has announced an agreement to acquire HashPalette Inc., which is a subsidiary of HashPort Inc. and a developer of the Palette blockchain. As part of the agreement, HashPort will migrate the Palette Chain and HashPalette applications to the Aptos network, including the EXPO2025 digital wallet for the Osaka Kansai World Expo 2025. The governance token of the Palette Chain, PLT, will be exchanged for Aptos's native token, APT. The transaction is subject to customary closing conditions and approvals.

Aptos Labs is set to acquire the developer of Palette Chain, planning a strategic expansion into Japan.