Recently, Klickl announced that Mo Shaikh, the former CEO and co-founder of Aptos Labs, has officially joined the company as a strategic advisor to help drive its Web3 strategy and institutional expansion. Leveraging Mo's rich experience and industry insights, Klickl will further consolidate its position as an Open Finance payment infrastructure and become a leader in the PayFi field.
As a seasoned entrepreneur and visionary in the blockchain field, Mo Shaikh has made invaluable contributions to making Aptos one of the most trusted Layer 1 blockchains by institutions. Under his leadership, Aptos successfully attracted the deployment of top-tier stablecoins such as Tether (USDT) and Circle (USDC), and facilitated several important institutional collaborations, including:
l BUIDL launched by BlackRock through Securitize
l Benji by Franklin Templeton
l The eHKD+ pilot by the Hong Kong Monetary Authority (HKMA)
l The digital asset white paper co-released by Invesco and BCG
These initiatives not only enhanced Aptos' industry standing, but also made it a benchmark for institutional adoption of blockchain technology.
In addition, Mo has rich industry experience, having participated in the construction of Meta's Diem project, ConsenSys, BlackRock, and Meridio, one of the first securities tokenization platforms in the US. During his time at BCG, he also provided digital asset advisory services to multiple central banks, further accumulating deep industry resources and insights.
When discussing Klickl's Web3 payment vision, Mo Shaikh stated: "Today's Web3 payments are in a dilemma - too decentralized and untrustworthy for institutions, yet too cumbersome and unscalable for users. Klickl solves this problem through its unique regulatory licenses, Aptos-driven efficiency, and a vision for seamless open finance. I have repeatedly bridged the gap between traditional finance (TradFi) and Web3, and this time I will help Klickl build a payment backbone network that is trusted by both institutions and users. The transformation has begun, stay tuned."
Klickl CEO Michael Zhao, excited about Mo's appointment, said: "We are thrilled to have Mo join us. His insights and leadership will help us bridge the gap between Web2 traditional finance and Web3 native finance. With his addition, we have now assembled all the key elements needed to build a truly groundbreaking product."
Under Mo's strategic guidance, Klickl will reshape the digital payments of Web3, unlock new opportunities for global institutions and users, and jointly build a compliant, scalable and seamless crypto payment future.
About Klickl
Headquartered in the UAE, Klickl is the leading Web3 open finance platform in the Middle East and Africa (MEA) region. It provides a suite of services including digital wallets (Klickl4U), institutional accounts (KlicklONE), payments (KlicklPay), crypto trading (Klickl Exchange), stablecoin solutions and custody services, enabling users to seamlessly access the Web3 economy.
