UAE Klickl welcomes Mo Shaikh co founder of Aptos Labs as strategic advisor

UAE Klickl welcomes Mo Shaikh co founder of Aptos Labs as strategic advisor

Klickl, a UAE digital asset exchange and custodian with an in principle approval from ADGM in Abu Dhabi, and the KLK Foundation has welcomed Mo Shaikh, former CEO and co-founder of Aptos Labs, as a strategic advisor to support the company’s Web3 strategy and institutional expansion.

As per the press release, Mo’s guidance, Klickl aims to become the payment infrastructure of Open Finance, solidifying its position as a PayFi powerhouse.

A seasoned entrepreneur and blockchain visionary, Mo was instrumental in shaping Aptos into the most institutionally trusted Layer 1 blockchain. Under his leadership, Tether’s USDT and Circle’s USDC launched on Aptos, and he played a key role in securing institutional partnerships such as, BlackRock’s BUIDL via Securitize, Franklin Templeton’s Benji, HKMA’s eHKD+ pilot and Invesco-BCG whitepaper on digital assets.

Beyond Aptos, Mo brings extensive experience from Meta’s Diem Project, ConsenSys, BlackRock, Meridio (one of the first securities tokenization platforms in the US), and his advisory role to central banks on digital assets at BCG.

“Today’s Web3 payments are stuck—too fragmented for institutions to trust and too clunky for users to scale. Klickl solves this with a rare blend of regulatory licenses, Aptos-powered efficiency, and a vision for seamless Open Finance. I’ve bridged TradFi and Web3 before, and I’m here to help Klickl build the payment backbone that institutions and users can rely on. The shift starts now—keep an eye on us” — Mo Shaikh

Klickl CEO Michael Zhao on Mo’s Appointment, “We’re thrilled to have Mo on board. His insights and leadership will help us bridge the gap between Web2 TradFi and Web3 native finance. With his addition, we have assembled all the key pieces needed to build something truly groundbreaking.” — Michael Zhao, CEO of Klickl

With Mo’s strategic guidance, Klickl is positioned to reshape digital payments in Web3, unlocking new opportunities for institutions and users worldwide. Stay tuned for more updates as we build the future of compliant, scalable, and seamless crypto payments.

Myco joins Aptos Blockchain for decentralized streaming

Myco joins Aptos Blockchain for decentralized streaming

Founded in the UAE, Myco, a Web3 streaming platform has partnered with Aptos Foundation, which supports the growth of the Aptos Blockchain. Myco will be integrating its platform with the Aptos Blockchain to decentralize streaming.

The partnership will focus around technical integration, developing builder resources, and a mutual commitment to advancing Web3 technologies and delivering next-generation, decentralized digital streaming experiences.

The partnership is part of Myco’s broader plans to transition its infrastructure to the Aptos blockchain and support the Web3 streaming service provider’s long-term vision of becoming fully decentralized.

Hani El Khatib, co-founder and chief of Web3 at Myco stated, “Aptos’ advanced blockchain technology will support the launch of our sustainable and efficient token, enhancing our platform’s scalability and security while providing a superior user experience. This integration aligns seamlessly with our mission to lead the charge in making Web3-enabled streaming and entertainment accessible to the masses.”

Umair Masoom Co-Founder of Myco on LinkedIn stated, “This is a significant milestone in our journey as a company but more so a significant milestone for the entire hashtag Web3 industry!”

He explains what has ben achieved is a simpler, scalable, and friction less B2C product offering using Aptos Blockchain.

According to Masoom, Myco is now positioned to migrate our entire community, our brand promise and a real, revenue generating platform with millions of active users into an ecosystem that will enable our community & product to thrive.

Myco will be announcing soon its successful Series A raise that they will use to enter into the gaming sector after their success in video streaming.

In 2023, Republic Crypto signed an agreement with MyCo ( formerly MContent ), the UAE web3 streaming platform, to help build their web 3 strategy, making MyCo the first advisory project from the region.  MyCo is the first-of-its-kind vertically integrated streaming platform that empowers creators and users alike and offers a diverse content slate, including film, tv shows, influencer content, live sports, and UGC.