Aptos (APT) outshined a sluggish market with 4% gains amid BlackRock’s $500M BUIDL deployment and Jump Crypto’s Shelby launch. The post Aptos (APT) Outperforms amid BlackRock Backing and Jump Crypto’s Shelby Launch appeared first on Coinspeaker.Aptos (APT) outshined a sluggish market with 4% gains amid BlackRock’s $500M BUIDL deployment and Jump Crypto’s Shelby launch. The post Aptos (APT) Outperforms amid BlackRock Backing and Jump Crypto’s Shelby Launch appeared first on Coinspeaker.

Aptos (APT) Outperforms amid BlackRock Backing and Jump Crypto’s Shelby Launch

2025/10/22 17:26

Aptos APT $3.23 24h volatility: 2.7% Market cap: $2.32 B Vol. 24h: $339.54 M has emerged as one of the few outperformers in a sluggish crypto market, rallying nearly 4% in the past 24 hours with a 35% surge in trading volume.

According to CoinMarketCap data, the layer-1 blockchain has reclaimed a $2.32 billion valuation while still trading 83% below its all-time high of $19.90.

The recent rally comes on the heels of two major catalysts, i.e., BlackRock’s expanding tokenization initiative and Jump Crypto’s unveiling of its high-performance decentralized storage protocol, Shelby, making APT one of the best crypto to buy in 2025.

BlackRock’s BUIDL Fund Deploys $500M to Aptos

BlackRock’s Digital Liquidity Fund (BUIDL) has added $500 million worth of tokenized assets to Aptos, making it the second-largest blockchain network in BUIDL’s asset deployment, behind only Ethereum.

With this addition, the total value of real-world assets (RWAs) tokenized on Aptos now exceeds $1.2 billion, placing it third globally across all networks.

The BUIDL fund, co-launched by BlackRock and tokenization platform Securitize, invests in low-risk, high-liquidity instruments such as US Treasuries, cash, and repo agreements. Originally deployed on Ethereum in March 2024, the fund expanded to Aptos in November 2024.

Jump Crypto and Aptos Bring Shelby

Meanwhile, Jump Crypto announced the launch of Shelby, a decentralized, high-performance storage solution built in collaboration with Aptos Labs. The project aims to solve the lack of scalable, efficient, and decentralized storage in blockchain space.

In a detailed thread, Jump Crypto stated that while blockchains, oracles, and cross-chain systems have advanced rapidly, the absence of robust decentralized storage has kept real execution reliant on centralized providers like AWS and Google Cloud. Shelby seeks to change that.

The system combines the Aptos blockchain for coordination, RPC nodes for access, and distributed storage providers for the underlying data.

Shelby’s architecture boasts key efficiency improvements, including a replication factor of 2 instead of the typical 4.5+, and uses erasure coding for data durability without excessive redundancy.

The design allows Shelby to compete with traditional cloud services on cost, charging roughly $0.014 per GB for reads and under $0.01 per GB per month for writes.

“Shelby gives developers what blockchains have been missing. Sub second storage access. Programmable data layers. No gatekeepers. Real applications need more than a ledger. They need data that moves,” Jump Crypto wrote.

The firm added that the system is built on lessons learned from its other infrastructure ventures, including Pyth Network for oracles, Wormhole for messaging, Firedancer for Solana, and DoubleZero for networking.

next

The post Aptos (APT) Outperforms amid BlackRock Backing and Jump Crypto’s Shelby Launch appeared first on Coinspeaker.

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights

You May Also Like

Wormhole launches reserve tying protocol revenue to token

Wormhole launches reserve tying protocol revenue to token

The post Wormhole launches reserve tying protocol revenue to token appeared on BitcoinEthereumNews.com. Wormhole is changing how its W token works by creating a new reserve designed to hold value for the long term. Announced on Wednesday, the Wormhole Reserve will collect onchain and offchain revenues and other value generated across the protocol and its applications (including Portal) and accumulate them into W, locking the tokens within the reserve. The reserve is part of a broader update called W 2.0. Other changes include a 4% targeted base yield for tokenholders who stake and take part in governance. While staking rewards will vary, Wormhole said active users of ecosystem apps can earn boosted yields through features like Portal Earn. The team stressed that no new tokens are being minted; rewards come from existing supply and protocol revenues, keeping the cap fixed at 10 billion. Wormhole is also overhauling its token release schedule. Instead of releasing large amounts of W at once under the old “cliff” model, the network will shift to steady, bi-weekly unlocks starting October 3, 2025. The aim is to avoid sharp periods of selling pressure and create a more predictable environment for investors. Lockups for some groups, including validators and investors, will extend an additional six months, until October 2028. Core contributor tokens remain under longer contractual time locks. Wormhole launched in 2020 as a cross-chain bridge and now connects more than 40 blockchains. The W token powers governance and staking, with a capped supply of 10 billion. By redirecting fees and revenues into the new reserve, Wormhole is betting that its token can maintain value as demand for moving assets and data between chains grows. This is a developing story. This article was generated with the assistance of AI and reviewed by editor Jeffrey Albus before publication. Get the news in your inbox. Explore Blockworks newsletters: Source: https://blockworks.co/news/wormhole-launches-reserve
Share
2025/09/18 01:55
Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

Hong Kong Backs Commercial Bank Tokenized Deposits in 2025

The post Hong Kong Backs Commercial Bank Tokenized Deposits in 2025 appeared on BitcoinEthereumNews.com. HKMA to support tokenized deposits and regular issuance of digital bonds. SFC drafting licensing framework for trading, custody, and stablecoin issuers. New rules will cover stablecoin issuers, digital asset trading, and custody services. Hong Kong is stepping up its digital finance ambitions with a policy blueprint that places tokenization at the core of banking innovation.  In the 2025 Policy Address, Chief Executive John Lee outlined measures that will see the Hong Kong Monetary Authority (HKMA) encourage commercial banks to roll out tokenized deposits and expand the city’s live tokenized-asset transactions. Hong Kong’s Project Ensemble to Drive Tokenized Deposits Lee confirmed that the HKMA will “continue to take forward Project Ensemble, including encouraging commercial banks to introduce tokenised deposits, and promoting live transactions of tokenised assets, such as the settlement of tokenised money market funds with tokenised deposits.” The initiative aims to embed tokenized deposits, bank liabilities represented as blockchain-based tokens, into mainstream financial operations. These deposits could facilitate the settlement of money-market funds and other financial instruments more quickly and efficiently. To ensure a controlled rollout, the HKMA will utilize its regulatory sandbox to enable banks to test tokenized products while enhancing risk management. Tokenized Bonds to Become a Regular Feature Beyond deposits, the government intends to make tokenized bond issuance a permanent element of Hong Kong’s financial markets. After successful pilots, including green bonds, the HKMA will help regularize the issuance process to build deep and liquid markets for digital bonds accessible to both local and international investors. Related: Beijing Blocks State-Owned Firms From Stablecoin Businesses in Hong Kong Hong Kong’s Global Financial Role The policy address also set out a comprehensive regulatory framework for digital assets. Hong Kong is implementing a regime for stablecoin issuers and drafting licensing rules for digital asset trading and custody services. The Securities…
Share
2025/09/18 07:10