Aptos exec: Wall Street still needs treasury stocks
Aptos Labs' Solomon Tesfaye argues that digital asset treasury companies (DATs) remain valuable for investors restricted from direct crypto exposure. Only 4 of the 20 largest DATs traded above their net asset value in September. Aptos is developing alternatives, including Decibel, an on-chain exchange with $7.7B in cumulative volume, and regulated APT futures on Bitnomial. Bitwise filed for an Aptos ETF in March 2025.
How this was made
The 30-second read
Why it matters
The regulated futures product may attract institutional capital, supporting the APT token price and enhancing Aptos' market position.
Market read
Introduces a new regulated avenue for exposure to Aptos, likely influencing both token price and broader crypto‑treasury strategies.
What to watch
Liquidity of the new futures and market maker participation are uncertain.
Background
Aptos Labs is expanding its ecosystem with a perpetual DEX (Decibel) and regulated futures, addressing demand from investors unable to hold tokens directly.
Ticker impact
Aptos launched US‑regulated APT futures on Bitnomian, providing a new institutional access route.
potential upward pressure as institutional demand grows
Regulated futures attract capital that previously could not hold the token directly.
Market effects
May boost other crypto‑treasury and on‑chain trading platforms seeking regulated pathways.
U.S. crypto market gains a compliant product, potentially increasing overall crypto inflows.
Adds to the growing suite of regulated crypto derivatives worldwide.
Counterpoint
If regulatory scrutiny tightens, futures could face restrictions, limiting upside.
Key entities
- companyAptos Labs
Developer of the Aptos blockchain and related on‑chain services.
- platformBitnomial
Exchange offering the regulated APT futures.
