Aptos Labs Appoints First Chief Business Officer to Strengthen RWA and Stablecoin Market Position

Aptos Labs announced today the appointment of Solomon Tesfaye, former Head of Capital Markets, as Chief Business Officer (CBO), responsible for driving on-chain innovation in global markets, payment infrastructure, and enterprise-level systems, and deepening institutional cooperation. Solomon played a key role in expanding Aptos' institutional business development, leading Aptos' U.S. spot ETF preparation and establishing partnerships with leading global fintech companies. In the future, he will continue to promote key areas such as $RWA, stablecoins, and payments in the market and application scenarios. Currently, the on-chain $RWA scale of Aptos has exceeded $540.0 million, ranking among the top three public chains in the world. With the upcoming introduction of new U.S. tokenization regulations and continued in-depth dialogue with policymakers, institutional adoption expectations for on-chain finance will be further enhanced. [Odaily Planet Daily]