BitGo Buys Into Aptos Token to Deepen Ties

BitGo (NYSE: $BTGO) has taken a strategic position in Aptos’ native APT (CRYPTO: $APT) token, expanding its involvement in the blockchain network.

The company said Tuesday that the investment builds on its existing relationship with Aptos, which includes custody services for APT and other assets issued under the Aptos Digital Asset Standard, as well as staking and access to decentralized finance platforms.

BitGo clients eligible for the services can custody and stake APT through the company’s platform. Institutional users of its self-custody wallets can also connect to Decibel, a decentralized exchange built on Aptos, using their existing wallet approval processes.

The companies did not disclose the size or value of BitGo’s APT position.

The announcement comes as BitGo expands its institutional business. In its third-quarter 2026 results, the company reported that assets on its platform increased 32% year over year, while assets staked through its services grew 41%. BitGo also completed its acquisition of NYDIG’s institutional trading business during the quarter.

Last week, BitGo also launched BitGo Global Markets, a new institutional trading and financial services division. The unit is led by former NYDIG executive Pete Janney and builds on BitGo’s acquisition of NYDIG’s institutional trading business earlier this year.

BTGO shares are currently trading at $5.10, up 0.29% today. However, the company’s stock has declined around 65% since going public in January of this year.

Meanwhile, Aptos’s APT token is trading at $0.5752, down 2.62% over the past day. The token is down more than 97% compared to its all-time high of $19.90 recorded in January 2023.