Aptos has elevated Solomon Tesfaye to Chief Business Officer (CBO), tasking him with spearheading the blockchain platform’s worldwide expansion. The former head of capital markets will now oversee strategic business growth initiatives targeting key emerging sectors.
Tesfaye’s mandate includes driving innovation in payment infrastructure and enterprise-grade on-chain systems. His leadership will specifically target expansion of Aptos’ real-world asset (RWA) tokenization and stablecoin ecosystems, which currently hold over $540 million in on-chain RWA assets.
The appointment leverages Tesfaye’s specialized expertise in ETF structuring and fintech partnerships to advance blockchain adoption. His background positions him to enhance Aptos’ market penetration while aligning with institutional expectations in traditional finance.
This executive move signals Aptos’ intensified commitment to practical enterprise applications, particularly in RWA tokenization, stablecoin development, and global payment infrastructure deployment.