Aptos Labs collaborates with Microsoft, Brevan Howard and SK Telecom to bring global institutional finance on-chain with Aptos Ascend

Aptos Ascend, powered by Microsoft Azure OpenAI and implemented in consultation with Boston Consulting Group, to enable regulatory-compliant digital asset management at scale for financial institutions with global reach.

“We see a tremendous opportunity at the intersection of AI and distributed ledger technologies and are pleased to support Aptos and the Ascend Project as they apply these technologies in financial services,” says Adrian Crockett, GM & Head of Product, Microsoft Cloud for Financial Services. In addition to bringing traditional finance giants, innovative fintech partners, money market platforms, and global investment firms into the Web3 fold, Aptos Ascend will enable organizations to:

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The Future Is Open FinanceMo Shaikh is the co-founder and CEO at Aptos Labs.
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Ethereum liquid staking protocol Puffer Finance raises $18M in Series AThe round was led by Brevan Howard Digital and Electric Capital.
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