“Aptos Labs partners with major companies to revolutionize institutional finance with Aptos Ascend”


In collaboration with Microsoft, Brevan Howard, SK Telecom, and Boston Consulting Group, Aptos Labs announced the launch of Aptos Ascend, a suite of institutional solutions for managing digital assets at scale while complying with regulations. This partnership brings together the expertise of these companies to provide a secure and scalable gateway to decentralized finance on the Aptos blockchain.

Aptos Ascend is powered by Microsoft Azure OpenAI and SK Telecom’s Wallet-as-a-Service, ensuring superior levels of compliance, security, and innovation for global institutions. Brevan Howard will contribute their industry leadership and expertise to develop a seamless path for major banks and financial institutions to offer digital currency and asset management to their clients.

As a preferred consulting partner, Boston Consulting Group will leverage their global expertise in digital assets, decentralized finance, and AI to assist companies in implementing Aptos Ascend.

According to Mo Shaikh, Co-Founder & CEO of Aptos Labs, this collaboration will provide financial institutions with a performant and compliant gateway to decentralized finance on Aptos for years to come.

Adrian Crockett, GM & Head of Product at Microsoft Cloud Financial Services, believes in the positive impact of combining AI and distributed ledger technologies in the financial services industry. Gautam Sharma, CEO & CIO of Brevan Howard Digital, also sees the potential for initiatives like Aptos Ascend to drive innovation in the industry.

SK Telecom’s T wallet aims to provide a stable platform for various crypto services with high reliability and security, built upon their trusted KYC/authentication business experience.

With the influx of traditional financial giants, innovative Fintech partners, money-market platforms, and international investment firms, Aptos Ascend will allow organizations to unlock unparalleled transactional performance, use smart contract language for secure asset management, collaborate with like-minded partners, and further explore financial services solutions with dedicated assistance from Aptos Labs.

The institution-ready financial suite, powered by Microsoft Azure OpenAI, Brevan Howard’s investment expertise, SK Telecom’s Web3 technology, and BCG’s strategic consulting, will enable clients to implement technology solutions seamlessly while meeting their regulatory obligations. Aptos Ascend also offers customizable configurations for specific business and regulatory needs.

For media inquiries, please email [email protected].

For more information on Aptos Ascend, visit https://aptosascend.com/ or contact Brian Principato at [email protected] or 7033891211.

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