BitGo Acquires Strategic Balance Sheet Position in Aptos Token

Crypto custody firm BitGo Holdings (NYSE: BTGO) announced on Nov. 10 that it has acquired a strategic balance-sheet position in $APT, the native asset of the Aptos layer-1 blockchain ¹. The digital asset custodian did not disclose the total token quantity, dollar value, acquisition date, or acquisition method, leaving unconfirmed whether the assets were acquired on the open market or received directly from Aptos entities ¹.

BitGo already safeguards and stakes APT on behalf of external institutional clients, but the latest transaction marks direct balance-sheet ownership of the asset by the custodian ¹. The move follows institutional custody momentum for the custodian, which recently expanded its customer roster after Riot Platforms transferred custody to BitGo.

Deepening Layer-1 Integrations

The direct allocation expands roughly 20 months of technical integrations between BitGo and the Aptos ecosystem ¹. BitGo initially introduced custody and self-custody wallet support for APT in March 2025, subsequently adding coverage for Aptos-based assets such as the $USDC and $USDT stablecoins later that month ¹. Staking services for APT were made available to BitGo clients in December 2025 ¹.

In September, BitGo integrated its self-custody clients with Decibel, a decentralized spot and perpetuals exchange operating on Aptos ¹. That linkage permits BitGo self-custody users to execute onchain trades under their existing internal approval policies, though BitGo stated it does not hold custody of or operate assets placed on Decibel ¹.

Abel Seow, BitGo managing director and head of Asia-Pacific sales, described the proprietary allocation as a continuation of established ties across custody, staking, and decentralized trade routing ¹. Officials from Aptos Labs and the Aptos Foundation also affirmed the partnership, with Aptos Labs Chief Business Officer Solomon Tesfaye noting that the direct holding signals an ongoing commitment to the network ¹.