Aptos Community, make sure to tune in tomorrow for the upcoming Space on Twitter / X with Aptos Labs Co-Founder and CEO Mo Shaikh and Messari Founder and CEO Ryan Selkis as they discuss the newly announced Aptos Ascend in this Ecosystem Deep Dive. Check out the post below for more info
Aptos Ascend: Elevating Open Finance to New Heights
Aptos Labs has recently announced the launch of Aptos Ascend, a groundbreaking digital asset management platform designed for financial institutions. This innovative platform aims to revolutionize the world of decentralized finance (DeFi) by providing a secure, compliant, and scalable gateway for institutional capital to access the Aptos ecosystem.
Key Partnerships and Features
To build out Aptos Ascend, Aptos Labs has forged strategic partnerships with several major tech and finance firms:
- Microsoft Azure: Aptos Ascend will leverage Microsoft’s cloud computing platform and Azure OpenAI Service to power generative AI applications.
- Brevan Howard: The platform will incorporate Brevan Howard’s market investment expertise to guide financial institutions in offering digital currency and asset management services.
- SK Telecom: Aptos Ascend will integrate SK Telecom’s web3 technology, such as wallet-as-a-service functionalities.
- Boston Consulting Group: As a consulting partner, BCG will bring its global expertise to support the platform’s development and adoption.
Objectives and Impact
Aptos Ascend aims to achieve several key objectives:
- Spread decentralized finance to institutional capital via the Aptos network.
- Augment tokenized asset liquidity on a global scale.
- Provide superior levels of compliance, security, trust, and innovation for financial institutions to service customers, operate across borders, and adhere to regulations.
By bridging the gap between traditional finance and DeFi, Aptos Ascend has the potential to unlock new opportunities and drive the mainstream adoption of decentralized finance. As Aptos Labs continues to push the boundaries of web3 technology through partnerships and innovation, Aptos Ascend represents a significant step forward in realizing the vision of fair access to decentralization for all.
More Sources on Aptos Ascend
- Main Aptos Ascend website
- Aptos Ascend | Aptos Labs on Medium
- Aptos Labs pens deals with major tech firms to grow Aptos Ascend | The Block
- Aptos Strikes DeFi Partnership With Microsoft, Brevan Howard, SK Telecom | CoinDesk
- SKT collaborates with Aptos Labs, Brevan Howard and Microsoft to bring global institutional finance on-chain with Aptos Ascend | PR Newswire