According to ChainCatcher, Aptos Labs today announced the appointment of Solomon Tesfaye, the former head of capital markets, as Chief Business Officer (CBO). He will be responsible for driving global market innovation, payment infrastructure, and enterprise-level systems on-chain, deepening institutional cooperation, and further strengthening Aptos's leading advantages in RWA and stablecoin domains, accelerating global business expansion.
The establishment of this new position marks Aptos entering a new growth stage, continuously promoting the implementation and application of a global trading engine. Currently, Aptos's on-chain RWA scale has exceeded $540 million, ranking among the top three public chains globally. With the upcoming US tokenization regulatory guidelines and ongoing in-depth dialogues with policymakers, institutional expectations for on-chain finance are expected to further increase.
Solomon has played a crucial role in expanding Aptos's institutional business development, previously leading the preparation work for the US spot ETF and establishing deep collaborations with top global fintech enterprises. In the future, he will continue to drive market and application scenarios in key areas such as RWA, stablecoins, and payments, consistently consolidating Aptos's position as a global leader in financial infrastructure on-chain.
