Aptos Labs Appoints Solomon Tesfaye as Chief Business Officer

According to Foresight News, Aptos Labs has announced the appointment of Solomon Tesfaye as its Chief Business Officer (CBO). Tesfaye, who previously led capital markets, played a pivotal role in expanding Aptos's institutional business development. He spearheaded the preparation for Aptos's U.S. spot ETF and established significant collaborations with fintech companies. In his new role, Tesfaye will continue to drive market and application scenarios in key areas such as real-world assets (RWA), stablecoins, and payments, aiming to expand Aptos's global business in the RWA and stablecoin sectors. Currently, the Aptos blockchain's RWA scale has surpassed $540 million, ranking among the top three public chains globally.