Aptos Labs CEO says U.S. regulatory shift may spur institutional entry

Avery Ching, CEO of Aptos Labs, said the CLARITY Act under discussion in the U.S. Congress could become a catalyst for financial institutions and companies to enter the digital asset market. Speaking on the YouTube channel '3PROTV,' Ching analyzed how the introduction of digital asset regulation in the U.S. could affect financial markets. Ching added the GENIUS Act and the CLARITY Act would serve as the two main pillars supporting the growth of the digital asset industry and become its most important legal foundation. Over the next five years, Ching said the biggest changes in financial markets would be asset digitization and the spread of AI technology. Ching said an era is coming in which U.S. Treasuries, money market funds, stocks and other assets are traded more conveniently as digital assets through blockchain technology. Separately, Aptos (APT) recently joined as a core blockchain partner for OpenUSD (OUSD), a next-generation stablecoin.