Klickl and the KLK Basis proudly announce that Mo Shaikh, former CEO and co-founder of Aptos Labs, has joined as a strategic advisor to assist the corporate’s Web3 technique and institutional growth. With Mo’s steering, Klickl goals to develop into the fee infrastructure of Open Finance, solidifying its place as a PayFi powerhouse.
A seasoned entrepreneur and blockchain visionary, Mo was instrumental in shaping Aptos into essentially the most institutionally trusted Layer 1 blockchain. Below his management, Tether’s USDT and Circle’s USDC launched on Aptos, and he performed a key position in securing institutional partnerships similar to:
- ● BlackRock’s BUIDL by way of Securitize
- ● Franklin Templeton’s Benji
- ● HKMA’s eHKD+ pilot
- ● Invesco-BCG whitepaper on digital property
… and lots of extra initiatives that positioned Aptos as a key participant in institutional adoption.
Past Aptos, Mo brings intensive expertise from Meta’s Diem Undertaking, ConsenSys, BlackRock, Meridio (one of many first securities tokenization platforms within the US), and his advisory position to central banks on digital property at BCG.
Mo Shaikh on Klickl’s Imaginative and prescient for Web3 Funds
“At present’s Web3 funds are caught—too fragmented for establishments to belief and too clunky for customers to scale. Klickl solves this with a uncommon mix of regulatory licenses, Aptos-powered effectivity, and a imaginative and prescient for seamless Open Finance. I’ve bridged TradFi and Web3 earlier than, and I’m right here to assist Klickl construct the fee spine that establishments and customers can depend on. The shift begins now—control us” — Mo Shaikh
Klickl CEO Michael Zhao on Mo’s Appointment
“We’re thrilled to have Mo on board. His insights and management will assist us bridge the hole between Web2 TradFi and Web3 native finance. Together with his addition, we’ve got assembled all the important thing items wanted to construct one thing actually groundbreaking.” — Michael Zhao, CEO of Klickl
With Mo’s strategic steering, Klickl is positioned to reshape digital funds in Web3, unlocking new alternatives for establishments and customers worldwide. Keep tuned for extra updates as we construct the way forward for compliant, scalable, and seamless crypto funds.
About Klickl
Klickl, based in 2017 and headquartered within the UAE, is a number one Web3 open finance platform within the MENA area. It gives a variety of providers, together with banking, digital funds, and crypto buying and selling, to facilitate seamless entry into Web3. Supported by the UAE authorities and licensed by Abu Dhabi’s ADGM, Klickl goals to create a world stablecoin ecosystem that bridges digital and conventional finance.
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