Anq and Aptos Foundation Partner to Bring Millions of Indians On-chain

Bengaluru, India – May 20, 2025 – Anq, a leading fintech innovator in India, and the Aptos Foundation, dedicated to supporting the development of the Aptos blockchain and ecosystem, today announced a strategic partnership to bring millions of Indians on-chain through the integration of Anq’s digital asset rewards platform to the Aptos blockchain.

This integration between an Indian fintech company and a global blockchain aims to accelerate responsible digital assets adoption in India. Anq users will continue to earn and redeem rewards seamlessly from everyday spending — such as food delivery, shopping, transportation, and healthcare services — across millions of online and offline merchants.

The reward transactions will be recorded on-chain, and Anq will distribute the reward via Aptos’ native token (APT), enabling greater utility. The token rewards can be held, used, or converted across platforms, adding utility for users beyond the Anq ecosystem.

Aritra Sarkhel, Global Head of Corporate Development at Anq, stated, "Leveraging the Aptos blockchain, we have effectively turned everyday purchases into opportunities for our customers to participate in the Web3 economy — without complexity — while preserving the familiar fintech experience." Unlocking Financial Inclusion Opportunities At its core, the Anq-Aptos integration focuses on financial inclusion and user empowerment. This “Return on Every Spend” model allows individuals from diverse socio-economic backgrounds to participate in wealth creation — one of the partnership’s most meaningful outcomes.

The scalable Aptos blockchain ensures high-speed transactions and low gas fees, which are critical for supporting Anq’s rapidly growing user base. Aptos’ high throughput capacity allows reward transactions and redemptions to occur in near real-time. As Anq extends its reach into tier 2, tier 3, and rural markets, the underlying Aptos network is able to support increased transaction volumes without compromising performance, merging cutting-edge technology with inclusive finance goals.

Ash Pampati, Head of Ecosystem at Aptos Foundation, commented, "India’s tech-savvy population and proactive regulatory environment present a unique opportunity for responsible Web3 adoption. We’re proud to support Anq in delivering tangible benefits to consumers through everyday use cases like tokenized rewards — enabled by Aptos’ secure, scalable blockchain and Anq’s strong compliance mindset. This partnership showcases how fintech and blockchain can come together to offer inclusive, accessible financial services globally." Significant Implications for India and Emerging Markets The Anq–Aptos Foundation partnership marks a significant milestone in India’s Web3 journey, demonstrating a balanced approach between regulation, innovation, consumer protection, and financial inclusion — a model local policymakers are advocating for.

Emerging markets, particularly those with large unbanked or underbanked populations, are closely observing India’s progress in Web3 adoption. This partnership’s emphasis on real-world utility, transparency, and compliance offers a blueprint that can be replicated across regions from Southeast Asia to Africa, which the Aptos Foundation sees as critical regions that hold the potential for the future of Web3.

“Our vision has always been global,” added Aritra of Anq. “Together with the Aptos Foundation, we aim to replicate this success in other markets that need inclusive financial solutions — positioning India as a global leader in responsible Web3 adoption.” Commitment to Regulatory Standards and User Protection Anq's operations, including this integration with Aptos, are built upon a steadfast commitment to regulatory integrity and user security. As an early member of India’s Financial Intelligence Unit’s registered VDA ecosystem, Anq ensures its solutions are designed in alignment with the mission of Indian regulators to protect consumers while fostering fintech innovation. Safeguards, such as comprehensive KYC verification and other necessary checks, are seamlessly integrated throughout the user journey. The issuance and management of token rewards are conducted with full transparency, robust monitoring, and clear disclosures to users, strictly adhering to the Government of India’s Virtual Digital Asset (VDA) guidelines. This demonstrates a practical approach to how blockchain innovation can thrive responsibly within established regulatory frameworks.

About ANQ Anq stands at the forefront of the fintech revolution in India, providing innovative financial solutions designed to meet the contemporary needs of consumers and businesses alike.

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 Network Aptos is a next-generation Layer 1 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.

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Source: PTI