On November 10, BitGo Holdings (NYSE: BTGO), a major crypto‑custody provider, announced that it has taken a “strategic position” in the native token of the Aptos blockchain, APT. The company clarified that the token is now part of its own balance sheet, separate from the APT it already holds on behalf of customers, but it did not disclose the quantity, purchase price, timing or whether the tokens were bought on the open market or received through another arrangement.

BitGo’s History with Aptos

BitGo’s relationship with Aptos stretches back to early 2025. The firm first added APT to its custody and self‑custody wallets in March, later expanding support to other assets built on the network, such as USDC and USDT stablecoins. By the end of 2025, BitGo introduced staking services for APT, allowing clients to earn rewards while the tokens remain under BitGo’s custodial control. In September 2025, the company also linked its self‑custody users to Decibel, an Aptos‑based decentralized exchange, enabling spot and perpetual‑futures trades under BitGo’s existing approval framework. Abel Seow, BitGo’s managing director for Asia‑Pacific sales, said the new token holding “continues the partnership we have cultivated across custody, staking and on‑chain market access.”

Aptos’ Reaction

Aptos Labs’ chief business officer Solomon Tesfaye called the stake a demonstration of BitGo’s “commitment to Aptos,” while Michael Ching, head of treasury and operations at the Aptos Foundation, noted that BitGo “has been building on Aptos for some time, and we’re excited to see that commitment continue to grow.” Both comments appeared in the press release accompanying the announcement.

What to Watch

The market will be watching for any follow‑up disclosures that might hint at the scale of BitGo’s APT position, as the lack of specifics leaves room for speculation about the firm’s confidence in the token’s future performance. Future updates could also reveal whether BitGo intends to broaden its staking offerings or deepen integration with Aptos‑based DeFi protocols. Additionally, observers will monitor overall activity on the Aptos chain—such as developer onboarding, transaction volume, and new project launches—to gauge whether the partnership translates into broader ecosystem growth.