Aptos Labs Forms Alliances to Launch Institutional Platform Aptos Ascend

A collaboration was announced between Aptos Labs and Microsoft, Brevan Howard, SK Telecom, and Boston Consulting Group, with the goal of advancing the use of Aptos Ascend in institutional investment circles for decentralized finance (DeFi). This digital asset management platform aspires to make DeFi a standard component of traditional financial strategies.

With the power of Microsoft Azure’s artificial intelligence capabilities, Aptos Ascend offers cloud-based financial solutions.

Transition to advanced finance with #AptosAscend: Powered by Microsoft Azure OpenAI and SK telecom’s innovation, and guided by Brevan Howard and BCG’s strategic expertise, we’re raising the bar for secure and expansive financial services on Aptos.

— Aptos Labs (@AptosLabs) April 18, 2024

Partnerships and Technological Integration

Aptos Ascend will improve its services by integrating Brevan Howard’s investment expertise and SK Telecom’s cutting-edge Web3 technology, such as wallet services. Boston Consulting Group will contribute their vast consulting experience to the project, making sure the platform meets the intricate compliance and operational needs of international financial institutions.

At Aptos Labs, we highlight that our project serves as an accessible and safe entrypoint for traditional finance into Decentralized Finance (DeFi). This means banks and financial institutions can effectively manage digital assets on a global scale.

Partnering with Aptos Labs represents a major leap in connecting old-fashioned finance systems with advanced blockchain technology. The goal is to boost the global availability of tradable digital assets by enhancing their liquidity.

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2024-04-18 21:08