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Aptos Appoints Solomon Tesfaye as CBO to Accelerate Global Expansion and Strengthen Leadership in RWA and Stablecoins

2025-07-10 14:20:30

Aptos Appoints Solomon Tesfaye as CBO to Accelerate Global Expansion and Strengthen Leadership in RWA and Stablecoins

Main Idea

Aptos has appointed Solomon Tesfaye as its new Chief Business Officer (CBO) to drive global expansion, focusing on payment infrastructure, RWA, and stablecoin sectors.

Key Points

1. Solomon Tesfaye, former head of capital markets, is appointed as Aptos's new CBO to lead global business expansion.

2. Tesfaye will focus on innovation in payment infrastructure and enterprise-grade on-chain systems.

3. Aptos aims to enhance its RWA and stablecoin sectors, with on-chain RWA assets exceeding $540 million.

4. Tesfaye's expertise in ETF preparations and fintech partnerships will be key to advancing Aptos's market penetration.

5. The appointment signals Aptos's commitment to expanding use cases in RWA, stablecoins, and payment systems.

Description

Aptos Labs has strategically appointed Solomon Tesfaye, former head of capital markets, as its new Chief Business Officer (CBO), signaling a pivotal expansion in its global business operations. Tesfaye will

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