Saturday, January 4, 2025

Aptos Ecosystem Gains Momentum with Institutional Support and New ETP Launch

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KEY TAKEAWAYS

  • Aptos blockchain is experiencing significant growth with major institutions integrating into its ecosystem.
  • Bitwise’s launch of an Exchange-Traded Product (ETP) on Aptos enhances accessibility and participation.
  • BlackRock and Franklin Templeton have launched substantial tokenized funds on Aptos, highlighting its scalability and security.
  • Aptos has seen a 700% increase in total value locked, surpassing $1 billion, with over 8 million active accounts.

The Aptos blockchain is witnessing significant growth as major institutions and financial products integrate with its ecosystem. Bashar Lazaar, Head of Grants and Ecosystem at Aptos Foundation, highlighted the platform’s expanding reach, stating, “Every day, users from all corners of the world and all levels of experience build, transact, and create on Aptos.” He added that the introduction of a new Exchange-Traded Product (ETP) by Bitwise makes the Aptos ecosystem more accessible, encouraging broader participation in a secure and transparent manner.

Bitwise’s ETP launch is a testament to Aptos’s emergence as a promising technological hub for supporting major institutions. Earlier this month, BlackRock, the world’s largest asset manager, launched its USD Institutional Digital Liquidity Fund (BUIDL) on Aptos. This fund is the largest tokenized fund by assets under management (AUM) globally. By selecting Aptos as the sole non-Ethereum Virtual Machine (EVM) blockchain for this integration, BlackRock underscores the network’s capability to deliver secure and scalable tokenized finance solutions.

Institutional Adoption and Ecosystem Growth

Franklin Templeton has also embraced Aptos, launching its OnChain U.S. Government Money Fund (FOBXX) on the platform. With over $400 million in managed assets, Franklin Templeton’s fund is the second-largest tokenized fund by market cap and the first to utilize blockchain technology for transaction processing.

In September, Libre, a collaboration between Brevan Howard’s WebN group and Nomura’s Laser Digital, launched on Aptos. This initiative opens new avenues for institutional investors to trade tokenized real-world assets (RWAs). Through this integration, several high-profile tokenized funds, including the Brevan Howard Master Fund and Hamilton Lane’s Senior Credit Opportunities Fund (SCOPE), are now accessible on Aptos. These funds offer institutional investors features such as sub-second finality and low gas fees, enhancing the trading and management of real-world assets.

Record-Breaking Growth and Future Prospects

The growing institutional interest in Aptos is reflected in its ecosystem metrics. The total value locked (TVL) on Aptos has surged by more than 700% this year, recently surpassing $1 billion. Monthly active users have also increased significantly, with over 8 million active accounts now registered on the network. Aptos has processed nearly 2 billion transactions, including a record 326 million in a single day, solidifying its role as a backbone for institutional-grade finance.

These integrations and developments are more than just milestones; they signal the potential for a more accessible global financial system. As Aptos continues to attract institutional attention, its ecosystem is poised for further growth and innovation.

For more information, visit the Aptos Foundation’s announcement here.


Disclaimer: The views expressed in this article are those of the authors and do not necessarily reflect the official policy of CoinsHolder. Content, including that generated with the help of AI, is for informational purposes only and is not intended as legal, financial, or professional advice. Readers should do their research before taking any actions related to the company and carry full responsibility for their decisions.
Sharif
Sharif
Sharif is a seasoned software engineer with a decade of experience in the tech industry, including 8 years in cryptocurrency and blockchain. With deep knowledge of decentralized technologies, Sharif offers insightful analysis and expert commentary on the transformative potential of blockchain. Through CoinsHolder.com, he shares his expertise, making him a respected voice in the cryptocurrency community.

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