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Solomon Tesfaye Named Chief Business Officer at Aptos Labs

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Aptos
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Jul 9, 2025

What began as a mission to deliver the most performant infrastructure in Web3 has evolved into something far greater: a network and ecosystem actively shaping policy, powering global markets, and unlocking real-world utility across industries.

The world is waking up to what blockchain can really do — and Aptos is uniquely positioned to power the systems that move the world. This next chapter is about more than scale. It’s about substance.

To capitalize on this momentum and advance Aptos-powered innovation, Aptos Labs is expanding the responsibilities of a key executive to help lead the next phase of strategic growth.

We’re proud to announce that Solomon Tesfaye has been appointed Chief Business Officer, expanding his mandate to accelerate Aptos Labs’ efforts in bringing global markets, payments infrastructure, and enterprise-grade systems on-chain.

Advancing the Global Trading Engine, One Milestone at a Time

Solomon has been a key architect of Aptos Labs’ growth — from working with partners to launch Aptos-linked exchange-traded products across Europe to advancing our capital markets and payments strategy. As CBO, he’ll accelerate our work bringing enterprise systems, global markets, and next-generation financial infrastructure on-chain.

His appointment comes at a time of rapid growth across the broader Aptos ecosystem:

  • Aptos is now a top-three network for real-world assets, with over $540 million in tokenized assets now live on the network.
  • Shelby, co-developed by Aptos Labs and Jump Crypto, is pushing the boundaries of decentralized cloud infrastructure.
  • Institutional adoption is growing, while active engagement with U.S. policymakers is helping shape the regulatory path forward for Web3.

The Right Leader for What Comes Next

As the Aptos ecosystem enters a new era of global momentum, Aptos Labs is doubling down on its mission: to scale with purpose, partner with conviction, and help build the foundation for what comes next. Solomon’s expanded role reflects our deep commitment to the broader ecosystem.

A former investment banker with deep experience in digital asset markets, Solomon has already steered the Aptos Labs business team through partnerships with global exchanges, trading venues, and fintech innovators. His approach — anchored in trust, precision, and long-term strategy — has helped establish Aptos as the blockchain of choice for real-world finance and institutional-grade infrastructure.

In this next chapter, Solomon will lead Aptos Labs’ global business efforts with a clear mandate: scale meaningful adoption and create enduring value across borders, industries, and asset classes.

The path ahead has never been clearer — and the future is ready to be built.

Solomon Tesfaye Named Chief Business Officer at Aptos Labs was originally published in Aptos Labs on Medium, where people are continuing the conversation by highlighting and responding to this story.

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