Under Mo's strategic guidance, Klickl will reshape digital payments in Web3, unlocking new opportunities for global institutions and users, and jointly building a compliant, scalable, and seamless future for crypto payments.
Recently, Klickl announced that Mo Shaikh, former CEO and co-founder of Aptos Labs, has officially joined the company as a strategic advisor to assist in advancing its Web3 strategy and institutional expansion. With Mo's extensive experience and industry insights, Klickl will further solidify its position as an open finance payment infrastructure and become a leader in the PayFi sector.
As a seasoned entrepreneur and visionary in the blockchain space, Mo Shaikh has played a crucial role in establishing Aptos as the most trusted Layer 1 blockchain for institutions. Under his leadership, Aptos successfully attracted top stablecoins such as Tether (USDT) and Circle (USDC) and facilitated several important institutional collaborations, including:
l BlackRock's BUIDL launched through Securitize
l Franklin Templeton's Benji
l The Hong Kong Monetary Authority (HKMA)'s eHKD+ pilot
l The digital asset white paper jointly released by Invesco and BCG
These initiatives not only enhanced Aptos's industry standing but also made it a benchmark for institutional adoption of blockchain technology.
Additionally, Mo has rich industry experience, having participated in Meta's Diem project, ConsenSys, BlackRock, and the establishment of Meridio, one of the first U.S. security tokenization platforms. During his time at BCG, he also provided digital asset consulting services to several central banks, further accumulating deep industry resources and insights.
When discussing Klickl's Web3 payment vision, Mo Shaikh stated, "Today's Web3 payments are in a dilemma—too fragmented and difficult to trust for institutions, and too cumbersome and hard to scale for users. Klickl addresses this issue through unique regulatory licenses, Aptos-driven efficiency, and a vision for seamless open finance. I have often bridged the gap between traditional finance (TradFi) and Web3, and this time I will help Klickl build a payment backbone that is trustworthy for both institutions and users. The transformation has begun; stay tuned."
Klickl CEO Michael Zhao expressed his excitement about Mo's appointment, stating, "We are thrilled to have Mo join us. His insights and leadership will help us bridge the gap between Web2 traditional finance and Web3 native finance. With his addition, we have gathered all the key elements needed to build truly groundbreaking products."
Under Mo's strategic guidance, Klickl will reshape digital payments in Web3, unlocking new opportunities for global institutions and users, and jointly building a compliant, scalable, and seamless future for crypto payments.
About Klickl
Klickl, headquartered in the UAE, is a leading Web3 open finance platform in the Middle East and Africa (MEA) region. It offers services including digital wallets (Klickl4U), institutional accounts (KlicklONE), payments (KlicklPay), cryptocurrency trading (Klickl Exchange), stablecoin solutions, and custody services, enabling users to seamlessly access the Web3 economy.
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