CoinVoice has learned that 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, deepening institutional collaboration, further strengthening Aptos's leading position in the areas of RWA and stablecoins, and accelerating global business expansion.

The establishment of this new position marks Aptos's entry into a new stage of growth, continually 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 new tokenization regulations in the U.S. set to be introduced and ongoing in-depth dialogues with policymakers, institutional adoption of on-chain finance is expected to further increase.

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 deep collaborations with top global fintech companies. In the future, he will continue to drive market and application scenarios in key areas such as RWA, stablecoins, and payments, continuously solidifying Aptos's position as a leader in the on-chain financial infrastructure globally. [Original link]