The Aptos Foundation has made a strategic investment in Universal Health Token (UHT)

The goal is to support and advance blockchain and AI in global healthcare solutions.

The Aptos Foundation has made a strategic investment in Universal Health Token (UHT), the innovative team behind the Proof-of-Health protocol. The goal is to support and advance blockchain and AI in global healthcare solutions.

Aptos and the investment in Universal Health Token: blockchain and AI at the service of healthcare

The Aptos Foundation has announced a strategic investment in Universal Health Token (UHT), aiming to support and advance blockchain and AI in global healthcare solutions. While the amount of the investment has not been disclosed, it showcases Aptos joining other major Web3 funds, such as Animoca Brands, Polygon Ventures, and Chainlink, in supporting UHT. This support reflects the industry's recognition of UHT's ambitious goals and potential for social impact.

"The UHT team is combining AI-driven health monitoring with blockchain to power incentives and transform the way people take care of their well-being. We are excited to see such innovative real-world applications built on Aptos that have real potential to transform public health outcomes," said Ash Pampati, head of the ecosystem at Aptos Foundation.

Aptos for decentralized healthcare

The investment in UTH is part of the Aptos Foundation's focus on supporting real-world applications and best-in-class DeFi protocols that are operating and innovating on Aptos. At the same time, UHT's core mission is reimagining health incentives in the age of technology.

By integrating intelligence artificiale (AI), behavioral science, and blockchain, UHT aims to empower individuals to take ownership of their health data, incentivizing them to take proactive steps towards better health. The model addresses one of the most pressing problems in healthcare today: the lack of alignment between institutional incentives and patient outcomes, and it connects to the principles of the decentralized science movement (DeSci).

Aptos is joining this mission of UHT.

"The investment by Aptos Foundation in UHT marks an exciting moment for decentralized healthcare. With Aptos' cutting-edge blockchain infrastructure and our experience in incentivized healthcare engagement, we are able to redefine the way people interact with healthcare, making it more personalized, data-driven, and community-centered," said Agastya Samat, founder and CEO of UHT.

Bitwise and the application for spot APT ETF

At the beginning of March, Bitwise submitted its application to the United States Securities and Exchange Commission (SEC) for the issuance of a spot ETF on Aptos. Now, it is up to the SEC to decide the fate of the application.

Aptos is a level 1 blockchain, with its native crypto APT landing on the bull and bear crypto markets in October 2022.

At the time of writing, APT is in the 30th position in the crypto ranking by market capitalization, with a total market cap of 3.2 billion dollars.

The price of APT is $5.30, in a dump of -12% over the last seven days, somewhat like the general trend of the main crypto.

In January 2023, APT reached its ATH in price, surpassing $18. Until today, that threshold has not been touched again.