Aptos Labs has partnered with software company Microsoft, asset management company Brevan Howard, South Korea’s largest operator SK Telecom and world-renowned financial consulting firm Boston Consulting Group to establish Aptos Ascend.

Aptos Ascend, which will serve as a cryptocurrency investment management platform, will operate for corporate firms. The platform will also utilize Microsoft Azure, Microsoft’s cloud computing platform. In addition to receiving investment management consultancy on cryptocurrency and digital assets from Brevan Howard, the platform will also receive Web3 services from SK Telecom.

Boston Consulting Group, one of the largest financial consulting firms, which has announced revenues of more than $12 billion in 2023, will also provide guidance for Aptos Ascend in this area.

Mo Shaikh, founder and CEO of Aptos Labs, stated that the partnership will bring solutions to the needs of global corporate companies and said:

“In collaboration with SKT, Brevan Howard and Microsoft, Aptos Ascend will provide the world’s financial institutions, banks, and tech-forward money markets with a performant, compliant, secure, and scalable gateway to decentralized finance on Aptos that will evolve for years to come,”

As recalled, Aptos also partnered with Microsoft last year on artificial intelligence, Web3, digital payments and tokenization.