BitGo has recently announced major advancements aimed at enhancing institutional support within the cryptocurrency ecosystem.
These developments include expanded custody services for Aptos (APT) and a strategic partnership in Japan to bolster global staking capabilities.
Enhanced Custody Solutions for Aptos (APT)
In a move to broaden its asset support, BitGo now offers secure custody solutions for Aptos (APT), a Layer-1 blockchain renowned for its scalability and efficiency. This integration enables institutional clients to securely store, manage, and transact APT tokens through BitGo’s encompassing self-custody hot wallets, self-custody cold wallets, and qualified custody wallets.
The Aptos blockchain utilizes the Move programming language and a parallel execution engine to facilitate high-speed transactions with minimal fees, distinguishing it from other Layer-1 networks.
Further extending its support within the Aptos ecosystem, BitGo has introduced custody services for other assets built on the Aptos Digital Asset Standard. For example, stablecoins such as USDC and USDT, offering institutions a secure and regulated solution for managing Aptos-based assets. Check the latest staking rewards rates for Aptos (APT) here.
Strategic Partnership with Omakase in Japan
In addition to enhancing its custody offerings, BitGo has formed a strategic alliance with Omakase Inc., marking its inaugural validator partnership in Japan.
As highlighted in a recent Coinbase report, validator quality and diversity are emerging as key provider differentiators in the global staking ecosystem.
Omakase, recognized for its technical expertise and leadership in the local market, operates over 20 blockchain validators and provides comprehensive support for blockchain projects. This collaboration aims to target institutional staking services in the Asia-Pacific region by combining BitGo’s established security infrastructure with Omakase’s regional proficiency.
Initially focusing on Bitcoin-related assets, Ethereum, and Berachain, the partnership plans to extend support to additional networks in the future. This initiative reflects BitGo’s proactive approach to meeting the growing institutional demand for staking services.
