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BitGo Deepens Its Relationship with Aptos

  • BitGo Holdings, Inc. (NYSE: BTGO) took a strategic position in APT, the native token of the Aptos network.
  • The investment builds on BitGo's existing institutional support for Aptos, including custody for APT, assets built on the Aptos Digital Asset Standard, APT staking, & self-custody wallet connectivity to the Decibel decentralized exchange.
  • Eligible BitGo clients can custody & stake APT, while institutional users of BitGo self-custody wallets can connect to Decibel through existing approval workflows.
  • Aptos Foundation Head of Treasury & Operations Michael Ching stated that institutional adoption follows solid infrastructure & highlighted BitGo's continued commitment to the platform.
  • Aptos Labs Chief Business Officer Solomon Tesfaye noted that APT secures the network & that BitGo's position underscores the partnership's role in broadening onchain finance adoption.
  • BitGo Managing Director & Head of APAC Sales Abel Seow emphasized that institutions require infrastructure enabling participation in digital asset networks while maintaining necessary controls.
  • Aptos is defined as a next-generation Layer 1 blockchain offering high throughput, low latency, & user safeguards to power scalable financial systems.
  • BitGo serves thousands of institutions globally with regulated custody, staking, trading, & settlement services, including operations via BitGo Bank & Trust.