CoinWorld news, Aptos Labs today announced the appointment of former Head of Capital Markets Solomon Tesfaye as Chief Business Officer (CBO), responsible for driving on-chain innovation in global markets, payment infrastructure, and enterprise-level systems, while deepening institutional collaboration. Solomon played a key role in expanding Aptos's institutional business development, having led the preparations for Aptos's U.S. spot ETF and established partnerships with leading global fintech companies. In the future, he will continue to promote market and application scenarios in key areas such as RWA, stablecoins, and payments. Currently, the on-chain RWA scale of Aptos has surpassed $540 million, ranking among the top three public chains globally. With new regulations on tokenization in the U.S. about to be introduced and ongoing in-depth dialogues with policymakers, institutional adoption of on-chain finance is expected to further increase. [CoinWorld]

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