NYSE-Listed BitGo Buys Into Aptos’ APT, Keeps the Size Quiet
By Unchained
AI summary of the source article
Crypto custody company BitGo Holdings has taken a strategic position in APT, the native token of the Aptos blockchain, holding it on its own balance sheet. The company did not disclose the size, price, or purchase method.
Why it matters
According to Solomon Tesfaye, chief business officer at Aptos Labs, "BitGo’s strategic position in APT underscores its commitment to Aptos."
Key facts
- BitGo announced on Nov. 10 that it has taken a strategic balance-sheet position in Aptos' native token, APT.
- The size, price, purchase date, and acquisition method of the APT position were not disclosed.
- BitGo previously integrated Aptos custody, added APT staking for clients, and connected self-custody clients to the Decibel decentralized exchange.
Source excerpt · Unchained
BitGo, which already holds and stakes APT for its clients, did not say how much of the token it now owns or how it got it. The post NYSE-Listed BitGo Buys Into Aptos’ APT, Keeps the Size Quiet appeared first on Unchained .