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
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Microsoft: Utilizes Azure cloud computing and Azure OpenAI Service to support generative AI applications on Aptos Ascend.
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Brevan Howard: Brings in-depth market investment expertise to guide services in digital currency and asset management.
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SK Telecom: Provides advanced web3 technology solutions, including wallet-as-a-service functionalities.
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Boston Consulting Group: Serves as a consulting partner, leveraging its extensive experience in global business and financial strategies.
Platform Objectives
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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.
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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.
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Visit Aptosascend: https://aptosascend.com/
