CandleFocus Aptos Labs CEO steps down, Avery Ching takes over as the new CEO
2024-12-19
Author: Content Editor
Mo Shaikh, co-founder and outgoing CEO of blockchain company Aptos Labs, has announced that he will be stepping down. Shaikh, who has been involved in the blockchain space since 2016, co-founded Aptos Labs three years ago and helped create a scalable and resilient blockchain foundation to support fair and efficient products. Under Shaikh's leadership, Aptos has become a trusted ecosystem in the blockchain space, raising $400 million in venture capital funding. Shaikh will remain a strategic advisor to the company, while Avery Ching, his co-founder, will take over as the CEO. Ching expressed excitement and determination to lead the company into its next phase of growth. This transition comes at a pivotal time for Aptos as it continues to drive innovation and shape the future of decentralized finance.
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