Aptos Labs Teams Up with Global Giants to Revolutionize Institutional Finance with Aptos Ascend

Aptos Labs, announced a new set of partnerships with leading tech and financial firms, including Microsoft, Brevan Howard, SK Telecom, and Boston Consulting Group. These partnerships are centered around the development of Aptos Ascend, a new digital asset management platform designed for financial institutions.

Key Partnerships and Roles

  • Microsoft: Utilizes Azure cloud computing and Azure OpenAI Service to support generative AI applications on Aptos Ascend.

  • Brevan Howard: Brings in-depth market investment expertise to guide services in digital currency and asset management.

  • SK Telecom: Provides advanced web3 technology solutions, including wallet-as-a-service functionalities.

  • Boston Consulting Group: Serves as a consulting partner, leveraging its extensive experience in global business and financial strategies.

Platform Objectives

  • Decentralized Finance (DeFi) Integration: Aptos Ascend aims to bridge institutional capital with decentralized finance through the Aptos network, enhancing the accessibility and efficiency of financial services.

  • Tokenized Asset Liquidity: The platform seeks to globally increase the liquidity of tokenized assets, expanding the reach and utility of digital assets across markets.

CEO’s Vision

Mo Shaikh, co-founder and CEO of Aptos Labs, emphasized the platform’s focus on compliance, security, trust, and innovation. He stated that Aptos Ascend is designed to meet the high standards required by global institutions to service customers securely and compliantly across borders, and to adhere to stringent regulations.

Future Outlook

With the backing of these powerful partnerships, Aptos Ascend is set to provide a scalable and secure gateway to decentralized finance, targeting a continuous evolution to meet the growing needs of global financial institutions, banks, and tech-forward money markets.

X Link: https://x.com/theblock__/status/1780929310834016742?s=46&t=Qa99zAIAyOyPQnGawHafRA

Visit Aptosascend: https://aptosascend.com/

33 Likes

Wow the institutions are buying our bags :rocket:

15 Likes

great news! :melting_face:

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Good news, thank you sir

11 Likes

Informative!
Thanks mate

10 Likes

Great news. Can only be bullish on Aptos

11 Likes

Thanks great sharing

9 Likes

super cool, keep going !! :airplane:

9 Likes

great brother

7 Likes

Wow amazing thank you sir

7 Likes

Big W for Aptos ecosystem.

8 Likes

Thank you soo much

8 Likes

Institution ready?
Solana was fast, but fails a lot now, would be nice if the degens could stress test Aptos

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Pleaseв to read that. Aptos is the best:)

8 Likes

Cool cool cool :sunglasses::sunglasses::sunglasses::3

8 Likes

This is amazing for aptos and the ecosystem.

7 Likes

Good luck bro

6 Likes

Sound really cool , hoping to sick around long enough to make it to badge, am happy to be part of this great community.

10 Likes

Really good

8 Likes

great news!

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