Aptos Labs CEO Mo Shaikh Quits; Avery Ching to Take His Place

Aptos Labs CEO Mo Shaikh Quits; Avery Ching to Take His Place

Mo Shaikh, co-founder of Aptos Labs, introduced that he is stepping down as CEO of the corporate.

Aptos is a layer-1 blockchain that claims to supply enhanced scalability, safety and transaction speeds. The platform leverages a novel blockchain programming language known as Move, which was initially created for Fb’s shuttered “Diem” mission.

In a prolonged submit on X, Shaikh, who co-founded Aptos with Avery Ching three years in the past, expressed delight within the progress made by the corporate, which included elevating a mammoth $400 million in enterprise capital funding and constructing “one of the most robust ecosystems, trusted by over a thousand builders and innovators around the globe.”

Ching, Shaikh stated, will assume the function of CEO and lead the corporate into its subsequent section of development.

In his X submit, Shaikh acknowledged the work of Aptos’ companions and buyers, together with companies like BlackRock, Google, Mastercard and PayPal.

“None of this would have been possible without the unwavering support of our incredible investors. I want to extend my deepest gratitude to Dragonfly, Blocktower, Haun Ventures, Hashed, IRONGREY, a16z, Apollo, Coinbase, Parafi, Scribble, PayPal, Franklin Templeton, and the amazing angels who believed in our vision,” he wrote.

Shaikh stated he’ll stay with the corporate as a strategic adviser and plans to take time to replicate on the way forward for blockchain and monetary techniques. “I will always remain a champion of Aptos and its mission,” he wrote, including that he’ll “look forward to continuing to help Aptos maintain its role as the world’s leading blockchain.”

Supply hyperlink

author avatar
Crypto Dunia
bitcoin
Bitcoin (BTC) $ 118,089.64 6.32%
ethereum
Ethereum (ETH) $ 3,015.74 8.43%
tether
Tether (USDT) $ 1.00 0.00%
xrp
XRP (XRP) $ 2.59 6.97%
bnb
BNB (BNB) $ 695.61 3.34%
solana
Solana (SOL) $ 165.85 5.43%
usd-coin
USDC (USDC) $ 1.00 0.01%
dogecoin
Dogecoin (DOGE) $ 0.199688 10.37%
tron
TRON (TRX) $ 0.295981 1.47%
staked-ether
Lido Staked Ether (STETH) $ 3,020.80 8.65%
cardano
Cardano (ADA) $ 0.698487 12.46%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 117,816.57 6.16%
hyperliquid
Hyperliquid (HYPE) $ 45.37 9.01%
wrapped-steth
Wrapped stETH (WSTETH) $ 3,638.42 8.46%
sui
Sui (SUI) $ 3.53 12.14%
chainlink
Chainlink (LINK) $ 15.56 8.76%
bitcoin-cash
Bitcoin Cash (BCH) $ 525.45 2.65%
stellar
Stellar (XLM) $ 0.307416 6.05%
avalanche-2
Avalanche (AVAX) $ 21.17 8.98%
hedera-hashgraph
Hedera (HBAR) $ 0.199719 13.77%
leo-token
LEO Token (LEO) $ 9.02 0.26%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,234.84 8.53%
shiba-inu
Shiba Inu (SHIB) $ 0.000014 9.24%
weth
WETH (WETH) $ 3,022.52 8.60%
usds
USDS (USDS) $ 1.00 0.01%
the-open-network
Toncoin (TON) $ 3.00 4.44%
litecoin
Litecoin (LTC) $ 96.47 6.42%
whitebit
WhiteBIT Coin (WBT) $ 46.87 0.46%
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 1.00 0.09%
monero
Monero (XMR) $ 329.10 0.46%
polkadot
Polkadot (DOT) $ 4.00 9.72%
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 118,101.64 6.33%
pepe
Pepe (PEPE) $ 0.000013 17.29%
bitget-token
Bitget Token (BGB) $ 4.62 4.11%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.06%
uniswap
Uniswap (UNI) $ 8.88 6.57%
aave
Aave (AAVE) $ 313.93 5.52%
pi-network
Pi Network (PI) $ 0.519518 10.34%
dai
Dai (DAI) $ 1.00 0.02%
bittensor
Bittensor (TAO) $ 386.79 10.26%
aptos
Aptos (APT) $ 5.01 9.15%
near
NEAR Protocol (NEAR) $ 2.59 9.61%
ethena-staked-usde
Ethena Staked USDe (SUSDE) $ 1.18 0.02%
crypto-com-chain
Cronos (CRO) $ 0.098459 3.52%
okb
OKB (OKB) $ 49.81 2.72%
internet-computer
Internet Computer (ICP) $ 5.53 7.06%
jito-staked-sol
Jito Staked SOL (JITOSOL) $ 202.08 5.82%
ondo-finance
Ondo (ONDO) $ 0.918796 9.11%
ethereum-classic
Ethereum Classic (ETC) $ 18.72 5.98%
blackrock-usd-institutional-digital-liquidity-fund
BlackRock USD Institutional Digital Liquidity Fund (BUIDL) $ 1.00 0.00%
susds
sUSDS (SUSDS) $ 1.06 0.02%
kaspa
Kaspa (KAS) $ 0.088291 8.76%
ethena
Ethena (ENA) $ 0.351488 22.05%
usd1-wlfi
USD1 (USD1) $ 1.00 0.06%
mantle
Mantle (MNT) $ 0.641173 6.36%
cosmos
Cosmos Hub (ATOM) $ 4.72 8.91%
vechain
VeChain (VET) $ 0.024961 11.11%
arbitrum
Arbitrum (ARB) $ 0.429792 20.30%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.226382 8.72%
official-trump
Official Trump (TRUMP) $ 10.15 10.63%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 0.764231 8.81%
render-token
Render (RENDER) $ 3.83 12.62%
gatechain-token
Gate (GT) $ 16.25 1.32%
algorand
Algorand (ALGO) $ 0.224759 15.95%
worldcoin-wld
Worldcoin (WLD) $ 1.13 22.53%
fasttoken
Fasttoken (FTN) $ 4.46 0.08%
bonk
Bonk (BONK) $ 0.000024 8.88%
binance-peg-weth
Binance-Peg WETH (WETH) $ 3,027.12 8.90%
sky
Sky (SKY) $ 0.085504 3.49%
filecoin
Filecoin (FIL) $ 2.65 8.91%
sei-network
Sei (SEI) $ 0.323369 22.52%
lombard-staked-btc
Lombard Staked BTC (LBTC) $ 117,605.51 6.15%
jupiter-perpetuals-liquidity-provider-token
Jupiter Perpetuals Liquidity Provider Token (JLP) $ 4.77 3.58%
spx6900
SPX6900 (SPX) $ 1.69 9.98%
binance-staked-sol
Binance Staked SOL (BNSOL) $ 176.80 5.87%
jupiter-exchange-solana
Jupiter (JUP) $ 0.501586 9.42%
usdtb
USDtb (USDTB) $ 1.00 0.03%
kucoin-shares
KuCoin (KCS) $ 11.41 2.75%
first-digital-usd
First Digital USD (FDUSD) $ 1.00 0.13%
kelp-dao-restaked-eth
Kelp DAO Restaked ETH (RSETH) $ 3,165.86 8.54%
rocket-pool-eth
Rocket Pool ETH (RETH) $ 3,444.61 8.58%
fartcoin
Fartcoin (FARTCOIN) $ 1.39 21.29%
usdt0
USDT0 (USDT0) $ 1.00 0.02%
celestia
Celestia (TIA) $ 1.92 13.52%
pudgy-penguins
Pudgy Penguins (PENGU) $ 0.020645 13.45%
nexo
NEXO (NEXO) $ 1.28 3.60%
injective-protocol
Injective (INJ) $ 12.85 16.36%
optimism
Optimism (OP) $ 0.692886 17.99%
virtual-protocol
Virtuals Protocol (VIRTUAL) $ 1.85 13.53%
xdce-crowd-sale
XDC Network (XDC) $ 0.07342 6.30%
flare-networks
Flare (FLR) $ 0.016928 4.26%
blockstack
Stacks (STX) $ 0.760712 9.07%
mantle-staked-ether
Mantle Staked Ether (METH) $ 3,233.95 8.46%
stakewise-v3-oseth
StakeWise Staked ETH (OSETH) $ 3,174.71 8.80%
sonic-3
Sonic (S) $ 0.348973 9.46%
solv-btc
Solv Protocol BTC (SOLVBTC) $ 117,838.57 6.30%
polygon-bridged-usdt-polygon
Polygon Bridged USDT (Polygon) (USDT) $ 1.00 0.02%
dogwifcoin
dogwifhat (WIF) $ 1.07 11.29%
tokenize-xchange
Tokenize Xchange (TKX) $ 12.45 3.92%
story-2
Story (IP) $ 3.60 13.73%
Scroll to Top