Latest news with #AshPampati
Business Insider
02-07-2025
- Business
- Business Insider
No. 1 DeFi Protocol on Aptos, Echo, Launches Token Generation Event
A participant in Aptos Foundation's LFM program, Echo's TGE further cements its role in Bitcoin DeFi on Aptos Echo Protocol, the first Bitcoin liquid restaking and yield layer on MoveVM and the largest protocol on Aptos by total value locked (TVL), has launched its Token Generation Event (TGE). Echo's TGE follows a period of record-breaking growth and community engagement, underpinned by participation in Aptos Foundation's LFM program—a premier initiative that provides hands-on guidance to Aptos-native projects preparing for major product and token launches. Driving the BTCfi Momentum on Aptos With over $285 million in aBTC minted and Echo securing 65% of all bridged BTC assets on Aptos, the protocol has emerged as a key player in the growth of BTCfi (Bitcoin DeFi) on Aptos. Echo enables users to unlock yield opportunities on their Bitcoin holdings via aBTC—a cross-chain liquid Bitcoin token, backed 1:1 by BTC—while powering liquidity and collateral mobility across Aptos-native DeFi protocols. Echo recently surpassed an all-time high of $878 million in TVL, fueled by incentive campaigns, integrations with leading DeFi projects in the Aptos ecosystem and high user engagement. To date, the protocol is responsible for more than 1 million user transactions and 60,000 daily active users. 'The launch of the ECHO token marks a major milestone in our mission to bring BTCfi to life. With this TGE, we are unlocking a new phase of growth for our ecosystem and creating real opportunities for users, builders and the broader Aptos community,' said Jonathan Phay, Co-Founder of Echo Protocol. Accelerating Growth with Aptos LFM Program Echo's rapid evolution has been supported through participation in Aptos Foundation's LFM program, which offers strategic mentorship, marketing resources and ecosystem-wide support for Aptos-native projects preparing for TGEs and beyond. 'Echo Protocol has been instrumental in making BTC a productive, on-chain asset within the Aptos ecosystem,' said Ash Pampati, Head of Ecosystem at Aptos Foundation. 'This a major milestone—not just for Echo, but for BTCfi adoption on Aptos as a whole. Supporting Echo through its participation in LFM has been a key part of our mission to help Aptos-native projects scale and succeed.' Building the Future of Bitcoin Utility on Aptos Echo's TGE represents the next step in advancing Bitcoin utility on Aptos. Starting today, ECHO tokens will be available to users via Binance Alpha, Gate and Kucoin. Following its TGE, Echo plans to continue driving BTC liquidity and composability across the ecosystem, with new products and integrations aimed at expanding BTCfi use cases. About Echo Protocol Echo Protocol is a Bitcoin liquidity aggregation and yield infrastructure layer on MoveVM designed to make Bitcoin productive for holders, ecosystems, and DeFi protocols. By unifying fragmented BTC liquidity, enabling seamless DeFi integration, and amplifying yield opportunities, Echo provides the foundational infrastructure for unlocking BTC utility across chains. Echo Protocol is backed by leading investors such as Aptos, Maelstrom, and Selini, and is rapidly becoming the go-to layer for BTC capital efficiency in the modular DeFi stack. Angus
Malaysian Reserve
20-06-2025
- Business
- Malaysian Reserve
Flipster and Aptos Foundation Partner to Drive Stablecoin Adoption and Unlock Multichain Opportunities
PANAMA CITY, June 20, 2025 /PRNewswire/ — Flipster, a global cryptocurrency trading platform, has partnered with the Aptos Foundation to accelerate stablecoin adoption and enhance multichain capital access worldwide — empowering traders with faster, more accessible, and more flexible ways to participate in global blockchain ecosystems and seize market opportunities across different chains. As a key milestone of this partnership, Flipster now supports USDT deposits and withdrawals via the Aptos network. This integration adds another high-speed, low-friction option for stablecoin transfers on Flipster, giving users greater mobility across networks. It also enables seamless access to the Aptos ecosystem and participation in Aptos-based protocols. 'Aptos was purpose-built to power the future of global finance,' said Ash Pampati, Head of Ecosystem at the Aptos Foundation. 'Through Flipster's integration of USDT on Aptos, we're unlocking new levels of access, speed and opportunities for users around the world, allowing them to engage with decentralized finance in faster, more impactful ways.' 'Stablecoins are how traders stay agile,' said Youngsun Shin, Head of Product and Partnerships at Flipster. 'They have become essential infrastructure for modern trading, enabling lower-cost capital movement across ecosystems and unlocking new market efficiencies for global users. With USDT transfers on Aptos now live on Flipster, users gain another high-performance rail to deploy capital swiftly and seamlessly.' Flipster has also recently listed $APT on its spot market, providing users with direct access to the Aptos token and a new entry point into its growing ecosystem. To celebrate the partnership, Flipster is introducing a series of limited-time campaigns designed to deepen user engagement with the Aptos ecosystem: $30,000 USDT Launchpool (June 19–24): Verified users who stake $APT can earn USDT rewards, with bonus multipliers based on trading volume or VIP tier. $20,000 USDT Referral Program (June 19–24): New and existing users can earn up to 10 USDT by inviting friends who complete identity verification. New User Bonus (Ongoing): Eligible participants can earn up to 150 USDT by completing onboarding tasks through the Flipster Rewards Hub. The Flipster-Aptos partnership reflects a shared vision for a more connected and capital-efficient trading ecosystem — where stablecoins play a pivotal role in enabling frictionless access to cross-chain ecosystems, liquidity, and opportunities across global markets. To learn more or join the campaign, visit About FlipsterFlipster is the zero-friction exchange built for traders who move fast and demand precision. With deep liquidity, ultra-tight spreads, and instant execution, Flipster performs even in fast-moving markets — no lag, no slippage. Every trade is tuned for precision — with zero wasted ticks. Learn more at or follow X. About Aptos FoundationAptos Foundation is dedicated to supporting the development of the Aptos protocol and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. About AptosAptos is a high-performance proof-of-stake layer-one blockchain. Aptos' breakthrough technology, scalable infrastructure, and user safeguards are designed to power the next generation of financial systems by offering unparalleled high throughput and low latency that can scale to billions of users. Presspr@ Photo – View original content:
Cision Canada
20-06-2025
- Business
- Cision Canada
Flipster and Aptos Foundation Partner to Drive Stablecoin Adoption and Unlock Multichain Opportunities
PANAMA CITY, June 20, 2025 /CNW/ -- Flipster, a global cryptocurrency trading platform, has partnered with the Aptos Foundation to accelerate stablecoin adoption and enhance multichain capital access worldwide — empowering traders with faster, more accessible, and more flexible ways to participate in global blockchain ecosystems and seize market opportunities across different chains. As a key milestone of this partnership, Flipster now supports USDT deposits and withdrawals via the Aptos network. This integration adds another high-speed, low-friction option for stablecoin transfers on Flipster, giving users greater mobility across networks. It also enables seamless access to the Aptos ecosystem and participation in Aptos-based protocols. "Aptos was purpose-built to power the future of global finance," said Ash Pampati, Head of Ecosystem at the Aptos Foundation. "Through Flipster's integration of USDT on Aptos, we're unlocking new levels of access, speed and opportunities for users around the world, allowing them to engage with decentralized finance in faster, more impactful ways." "Stablecoins are how traders stay agile," said Youngsun Shin, Head of Product and Partnerships at Flipster. "They have become essential infrastructure for modern trading, enabling lower-cost capital movement across ecosystems and unlocking new market efficiencies for global users. With USDT transfers on Aptos now live on Flipster, users gain another high-performance rail to deploy capital swiftly and seamlessly." Flipster has also recently listed $APT on its spot market, providing users with direct access to the Aptos token and a new entry point into its growing ecosystem. To celebrate the partnership, Flipster is introducing a series of limited-time campaigns designed to deepen user engagement with the Aptos ecosystem: $30,000 USDT Launchpool (June 19–24): Verified users who stake $APT can earn USDT rewards, with bonus multipliers based on trading volume or VIP tier. $20,000 USDT Referral Program (June 19–24): New and existing users can earn up to 10 USDT by inviting friends who complete identity verification. New User Bonus (Ongoing): Eligible participants can earn up to 150 USDT by completing onboarding tasks through the Flipster Rewards Hub. The Flipster-Aptos partnership reflects a shared vision for a more connected and capital-efficient trading ecosystem — where stablecoins play a pivotal role in enabling frictionless access to cross-chain ecosystems, liquidity, and opportunities across global markets. To learn more or join the campaign, visit About Flipster Flipster is the zero-friction exchange built for traders who move fast and demand precision. With deep liquidity, ultra-tight spreads, and instant execution, Flipster performs even in fast-moving markets — no lag, no slippage. Every trade is tuned for precision — with zero wasted ticks. Learn more at or follow X. About Aptos Foundation Aptos Foundation is dedicated to supporting the development of the Aptos protocol and driving engagement with the Aptos ecosystem. By unlocking a blockchain with seamless usability, Aptos Foundation aims to bring the benefits of decentralization to the masses. About Aptos Aptos is a high-performance proof-of-stake layer-one blockchain. Aptos' breakthrough technology, scalable infrastructure, and user safeguards are designed to power the next generation of financial systems by offering unparalleled high throughput and low latency that can scale to billions of users.
Cision Canada
27-05-2025
- Business
- Cision Canada
Bybit Lists USDC on Aptos, Launches Super Event With Over 20,000 APT Up for Grabs
DUBAI, UAE, May 27, 2025 /CNW/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, now supports native USDC on the Aptos blockchain for the first time. This milestone allows users to trade USDC and earn APT directly on the platform. "As one of the world's top 10 blockchains for stablecoins, the Aptos network provides the fast, secure, and scalable infrastructure needed to bring stablecoins into the mainstream and unlock their real-world utility. Collaborations with leading exchanges like Bybit to integrate USDC on Aptos are crucial to realizing that vision — driving broader access, enabling seamless global transactions, and powering the next generation of financial systems," said Ash Pampati, Head of Ecosystem at Aptos Foundation. "Bybit is proud to unite the world's top ecosystems — Aptos and USDC — into a single, seamless experience for our users. This integration not only strengthens the foundation of Web3, but also champions safe, regulated adoption of crypto at a global scale. Together, we're building the rails for a future where finance is open, inclusive, and seamless," said MK Chin, Head of Ecosystem Partnerships at Bybit. In recognition of this launch, Bybit has launched the Bybit x Aptos Super Event — a month-long celebration offering a total of over 20,000 APT in rewards through staking, trading, and exclusive bonuses for new users. The event runs until June 26, 2025, and gives participants multiple ways to earn APT, whether they're long-time crypto enthusiasts or just getting started. Three Reward Opportunities 1. On-Chain Earn Staking Event Participants who stake APT via Bybit's On-Chain Earn and maintain their position for at least 24 hours during the event period will be eligible for a share of 5,000 APT. 2. New User Exclusive – Token Splash Eligible new users who complete identity verification and meet the deposit and trading criteria will receive 5 APT. Rewards are distributed from a 5,000 APT prize pool and limited to the first 1,000 qualified participants. This activity ends on June 9, 2025. 3. Spot Trading – Token Splash Users who trade a minimum of US$300 worth of APT on Bybit Spot during the campaign period will receive a share of a 10,000 APT prize pool. Individual rewards are capped at 400 APT. Aptos (APT) is the native token of the Aptos blockchain, a scalable Layer 1 network built for secure and efficient decentralized applications. On Bybit On-Chain Earn, users can stake APT to receive daily rewards, enjoy flexible redemption, and contribute to the network's security. More information is available here. #Bybit / #TheCryptoArk About Bybit Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at
Business Standard
21-05-2025
- Business
- Business Standard
Hashed Emergent and Aptos Foundation Join Forces to Boost Web3 Innovation in India
BusinessWire India Bangalore (Karnataka) [India], May 21: Aptos Foundation, dedicated to supporting the development and ecosystem of the high-performance Aptos blockchain, and Hashed Emergent, a Web3 venture capital firm, have announced today a strategic partnership that aims to catalyze the growth of India's dynamic Web3 ecosystem, especially across the sectors of consumer apps, DeFi, gaming, and Web3 infrastructure. Building on their existing collaboration, the two organizations will continue to introduce initiatives, starting with the newly launched Aptos Accelerator - India program, and support founders to build and scale their projects. The partnership highlights Aptos Foundation's on-going commitment to advancing Web3 adoption in India by providing local founders with resources, infrastructure, and access to the global ecosystem. "India's Web3 community stands among the world's most vibrant and fastest-growing ecosystems, representing an exceptional talent pool that extends beyond crypto into the broader tech landscape," said Ash Pampati, Head of Ecosystem at Aptos Foundation. "This partnership with Hashed Emergent represents a significant milestone in our mission to foster Web3 innovation and grow the Aptos ecosystem in India. By combining Aptos' ecosystem-agnostic infrastructure with Hashed Emergent's proven track record in identifying promising projects, we're creating a powerful launchpad for the brightest minds in India to build scalable, user-centric Web3 solutions." "At Hashed Emergent, we have always believed that India will lead the next wave of Web3 innovation," said Tak Lee, CEO and Managing Partner of Hashed Emergent. "What excites us most about collaborating with Aptos Foundation is their builder-first mindset and their deep, enduring commitment to India. Together, we offer founders real capital, strategic mentorship, and seamless integration into a global ecosystem, providing a faster, stronger path to scale." The Aptos Accelerator - India program will be the first flagship initiative under this strategic partnership, marking a significant advancement in the broader mission to build long-term infrastructure, networks, and opportunities for Aptos-native projects and the wider Indian Web3 ecosystem. Through this program, founders will have the opportunity to pitch their products in auditions held in major Indian cities. Selected projects will benefit from mentorship, funding, access to subject matter experts, workshops and additional support to accelerate their growth. Key dates of the Aptos Accelerator - India program are as follows: * Registration Opens: May 21, 2025 * Auditions for Selected Teams: Starting from June 7, 2025 * Formal Launch of the Accelerator Program: July 7, 2025 * Demo Day (featuring the inaugural cohort's projects): August 2, 2025 For more details and latest updates, please visit This deepening engagement builds upon the existing initiatives of Aptos Foundation and Hashed Emergent, which include co-hosted developer workshops, ecosystem events, and the Aptos Foundation's title sponsorship of India Blockchain Week (IBW) Conference, India's premier platform for Web3 collaboration. Since its inception in 2022, Hashed Emergent has invested over $20 million across 30+ portfolio companies, demonstrating a proven track record in identifying and scaling promising Web3 projects. Strategic partnership with Aptos Foundation further amplifies this momentum, showcasing a shared commitment to fostering innovation, building resilient ecosystems, and driving meaningful blockchain adoption across India and beyond.
