Aptos, developed from Meta's Diem project, is establishing itself as a premier institutional-grade Layer 1 blockchain, focusing on regulated finance. Chief Business Officer Solomon Tesfaye revealed that Aptos supports major asset managers such as BlackRock and Franklin Templeton. Last month, the blockchain processed $68 billion in stablecoin transactions and is among the top three for real-world asset trading volume.
Utilizing Meta's Move programming language, Aptos offers high throughput and compliance, appealing to developers and institutional investors prioritizing precision and regulatory adherence. This strategic positioning underscores Aptos's commitment to serving the needs of institutional finance over retail speculation.
Aptos Emerges as Leading Institutional Blockchain with $68B in Transactions
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.