Lambda256 Partners with APTOS to Expand Luniverse’s Blockchain Ecosystem September 4, 2023 September 4, 2023 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Market NewsSeptember 4, 2023 by Kelly Cromley

Lambda256 Partners with APTOS to Expand Luniverse’s Blockchain Ecosystem

In a significant development for the blockchain community, Lambda256, the blockchain technology subsidiary of South Korean fintech leader Dunamu, has announced a strategic partnership with APTOS. The announcement was made during the “Rising Web3 in Seoul” event, a part of Korean Blockchain Week. At the event, Jae-hong Kim, the business lead of Lambda256, unveiled a groundbreaking feature for the Luniverse platform called “Luniverse NOVA.” This event also marked APTOS’s entry into the Luniverse blockchain network, with integration expected later this year.

Lambda256’s decision to integrate APTOS into Luniverse represents more than just a technical achievement. It underscores their commitment to nurturing the growth of Web3 services, both in Korea and globally. The partnership’s primary focus will be on providing node services, technical education, and robust community support.

Korean Fintech Leader Dunamu’s Subsidiary Seeks Growth in Web3 Services

Luniverse, known for its user-friendly blockchain infrastructure, has been steadily expanding its capabilities throughout the year. It has welcomed EVM-based network nodes such as Ethereum Polygon, Arbitrum, and Optimism. However, the integration of APTOS holds particular significance as it marks Luniverse’s inaugural venture into the realm of Non-EVM based chains.

Speaking exclusively with Benzinga, Kim highlighted the significance of this integration, stating, “Until now, Luniverse has primarily supported mainnets in the EVM family, including Ethereum, Polygon, Arbitrum, and Optimism. However, we are excited to announce that we are now integrating with APTOS, which is a non-EVM network.”

He went on to emphasize the scarcity of node services currently available for APTOS, saying, “It’s worth noting that there are relatively few node services that currently support APTOS. This integration and partnership with APTOS positions Luniverse as a valuable player in supporting and strengthening the APTOS network within the blockchain ecosystem.”

Kim also elaborated on the partnership’s objectives, stating, “Through this partnership with APTOS, we aim to support APTOS in expanding its presence in the Korean market and drive Luniverse’s global expansion efforts.”

Lambda256, established in March 2019, is the blockchain powerhouse behind Dunamu, the parent company of Upbit. Lambda256 is also the driving force behind Luniverse, a cloud-based blockchain and Web3 development platform that is reshaping the future of blockchain commercialization and fostering a dynamic ecosystem.

Luniverse offers a wide range of services, including asset tokenization, NFT solutions for brands, and node/API services for public chains. Lambda256’s portfolio extends to include the NFT design studio “CYPHRLY” and the travel rule solution “VerifyVASP.”

What sets Luniverse apart is its seamless development environment, complete with APIs and operational tools. Whether you are a developer or a business looking to explore the Web3 space and leverage blockchain technology, Luniverse simplifies the process and facilitates your entry into this innovative domain.

In conclusion, Lambda256’s partnership with APTOS is a significant milestone in the blockchain space. It not only signifies Luniverse’s dedication to fostering Web3 growth but also showcases the platform’s adaptability and willingness to embrace non-EVM based chains. This collaboration is poised to bolster APTOS’s presence in the Korean market while propelling Luniverse’s global expansion efforts, ultimately contributing to the evolution of the blockchain ecosystem.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.