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0.81%Jump-Backed Wormhole, Pyth Launch on Aptos Blockchain
Aptos co-founder Mo Shaikh says Jump Crypto has been “spending a lot of time” in the Aptos ecosystem.
Updated May 11, 2023, 6:49 p.m. Published Sep 21, 2022, 5:40 p.m.
Jump-backed infrastructure projects Wormhole and Pyth are launching on Aptos, a layer 1 blockchain project founded last year by Meta alums.
“Jump has been spending a lot of time in our ecosystem,” Aptos co-founder and CEO Mo Saikh said at the Messari Mainnet conference in New York City. “They just finished the code base for Wormhole and Pyth.”
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According to a Wednesday follow-on tweet thread, Wormhole announced its code has been deployed onto the Aptos devnet and is “feature complete and in the process of being audited.”
1/
— Wormhole🌪 (@wormholecrypto) September 21, 2022
As you just heard at #Mainnet2022 it’s official!
Wormhole has deployed its generic messaging layer to the @AptosLabs devnet. pic.twitter.com/rdkwTmjmdf
Wormhole is a cross-chain bridge that allows users to transfer assets between major layer 1 blockchains. Currently, Wormhole supports blockchains including Solana, Ethereum, Avalanche, Polygon and Fantom, among others.
Pyth, a Jump-backed oracle, will also deploy on Aptos, bringing off-chain data onto Aptos, data which can then be utilized by developers to create decentralized applications.
“Interoperability will be key,” said Shaikh of the new partnerships.
The integrations also signal Aptos as an increasingly important blockchain project – with backing from industry heavyweights Jump and FTX – despite its recent founding.
Saikh also teased that Aptos’ would launch its mainnet in “several weeks,” and that a big gaming collaboration is in the works.
“There’s going to be no more testnets,” said Shaikh. “The name of this conference is indicative of where we’re going.”
Tracy Wang
Tracy Wang was the deputy managing editor of CoinDesk's finance and deals team, based in New York City. She has reported on a wide range of topics in crypto, including decentralized finance, venture capital, exchanges and market-makers, DAOs and NFTs. Previously, she worked in traditional finance ("tradfi") as a hedge funds analyst at an asset management firm. She owns BTC, ETH, MINA, ENS, and some NFTs.
Tracy won the 2022 George Polk award in Financial Reporting for coverage that led to the collapse of cryptocurrency exchange FTX. She holds a B.A. in Economics from Yale College.
Lyllah Ledesma
Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds a master's degree from New York University in Business and Economics and an undergraduate degree in Political Science from the University of East Anglia. Lyllah holds bitcoin, ether and small amounts of other crypto assets.
