BitGo, a well-known platform specializing in digital asset custody and security solutions, has recently announced its support for the Aptos Digital Asset Standard. This development allows institutions to securely manage and store Aptos-based assets on BitGo’s platform, adding an extra layer of security for institutional users. The platform shared this exciting news on its official X account, showcasing its commitment to providing top-notch custodial services for a wide range of digital assets.
Aptos Digital Asset Standard has been gaining traction in the industry, especially among L1 blockchains known for their advanced infrastructure and high throughput capabilities. With the increasing adoption of Aptos-based assets, there has been a growing demand for secure storage solutions among institutional investors. BitGo’s decision to support the Aptos Digital Asset Standard addresses this need by offering advanced custody services tailored specifically for Aptos network-built crypto assets.
Earlier this year, BitGo introduced support for $APT, allowing users to securely manage, transact, and store this asset within a regulated framework. Now, with full support for the Aptos Digital Asset Standard, BitGo is enhancing its institutional-level security for a broader range of Aptos-based crypto assets. This integration brings several benefits, including secure treasury management, portfolio diversification across multiple chains, and participation in on-chain finance and decentralized finance (DeFi) activities.
By supporting the Aptos Digital Asset Standard, BitGo is reinforcing its commitment to expanding its support for leading blockchain ecosystems in the digital asset landscape. This move aligns with the company’s goal of providing institutional investors with regulatory-compliant, scalable, and secure asset management solutions. With each new blockchain ecosystem integrated into BitGo’s custody infrastructure, the platform solidifies its position as a market leader in institutional-grade custody and digital asset security.
Overall, BitGo’s support for the Aptos Digital Asset Standard marks a significant step towards enhancing the security and accessibility of digital assets for institutional investors. This development underscores BitGo’s dedication to meeting the evolving needs of the digital asset industry and providing top-tier custodial services for a diverse range of assets.