Chain Reaction

Aptos wants to shake up the layer-1 space (w/ Mo Shaikh)


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Welcome to Chain Reaction

A show that unpacks and dives deep into the latest trends, drama and news with some of the biggest names in crypto breaking things down block by block for the crypto curious. 

For this week’s episode, Jacquelyn talked with Mo Shaikh, co-founder and CEO of the layer-1 blockchain Aptos. Shaikh is a three-times founder with over a decade of experience in financial services as well as blockchain technology and crypto. He also worked on blockchain strategic partnerships for Novi, Facebook’s wallet and was the strategy director at Consensys. 


Last year was huge for Aptos – as the blockchain launched publicly and raised about $400 million in funding, amid a bear market. The new layer-1 got backing from major investors like Andreessen Horowitz, Circle Ventures and the now-defunct FTX Ventures, to name a few. Looking forward, Aptos plans to focus on making 2023 its year of “intention,” Shaikh said. 

We also discussed: 

  • What it’s like to launch in a bear market
  • Builders on the blockchain
  • Business development plans for 2023
  • Onboarding people not in the space
  • Future of interoperability and the multichain world

Chain Reaction comes out every other Thursday at 12:00 p.m. PT, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action. 

Chain Reaction comes out every Thursday at 12:00 p.m. ET, so be sure to subscribe to us on Apple Podcasts, Spotify or your favorite pod platform to keep up with the action.

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Chain ReactionBy TechCrunch, Yashad Kulkarni, Maggie Stamets, Kell Keller, Jacquelyn Melinek

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