What’s Next Aptos Labs As Co-Founder and CEO Mo Shaikh Quits

Mo Shaikh, co-founder and Aptos Labs CEO, has announced his resignation from the company. Shaikh will step down as CEO but will continue as a strategic advisor. He will stay involved with the blockchain platform during its transition to new leadership and its next phase of growth.

Aptos Labs CEO Mo Shaikh Steps Down, Co-Founder Avery Ching Takes Over

In a lengthy post on X, Aptos Labs CEO Mo Shaikh shared that he is stepping down from his role as CEO, with co-founder Avery Ching taking over. Shaikh co-founded Aptos Labs with Ching three years ago, building a robust blockchain ecosystem centered around the Move programming language.

Shaikh expressed pride in Aptos’ accomplishments, including raising $400 million in venture capital and creating a globally trusted platform for over 1,000 developers and innovators. He emphasized his confidence in Ching’s leadership, stating that Ching is well-positioned to guide Aptos through its next stage of growth.

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