All-In-One Crypto App Venga Hires Web3 & DeFi Expert Michael Stroev As Its New CEO

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As a seasoned financial analyst with a deep understanding of the crypto and blockchain space, I am thrilled to see Venga’s ambitious plans to bridge the gap between decentralized finance (DeFi) and traditional finance industries. With Michael Stroev, an experienced industry veteran, leading the charge as their new CEO, Venga is poised to tackle some of the most pressing challenges preventing mass adoption of Web3.

Michael Stroev, previously the COO and head of product at Nebeus, has assumed the role of CEO at Venga, the crypto application positioning itself as a comprehensive solution to bring more individuals into the Web3 realm.

At Venga, Stroev now heads the initiative to connect the advancements of decentralized finance with the conventional financial sector. This endeavor aims to speed up the integration of Web3 technology within the mainstream financial world.

Venga is confident that it can significantly contribute to the expansion of Web3 by addressing what it perceives as the major hurdles preventing individuals from delving into the burgeoning landscape of decentralized apps, which hold the potential to provide greater financial autonomy.

The company identifies user experience as one of the major challenges due to the intricacies of blockchain technology leading to numerous complex DeFi apps. New users are deterred by the complexity of these apps. In response, Venga plans to simplify the use of Web3 by offering a more conventional, intuitive user interface.

Venga has pinpointed several issues with Web3 technology, which is prone to bugs and slow performance. It strives to address concerns surrounding transparency, security, and regulatory compliance in cryptocurrency applications. Furthermore, it aims to bridge the “knowledge gap” by making crypto usage more intuitive and engaging for users.

Venga has created a convenient “all-in-one solution” for Web3, allowing users with minimal experience to buy, sell cryptocurrencies, and explore Decentralized Finance (DeFi) effortlessly. The goal is to introduce more individuals to the benefits of crypto ownership and contribute to the wider acceptance and use of Web3 technology.

As a crypto investor, I’m excited about Venga’s bold and ambitious plans under the leadership of its new CEO, Stroev. I look forward to witnessing how Venga will work on establishing its brand, growing our team, and preparing the first version of our app for launch. Although the app has been approved for release in both Apple App Store and Google Play store, it hasn’t been widely available yet. Our dedicated team is currently working hard to perfect the design, ensuring a seamless experience for users looking to engage in more profitable DeFi activities like staking cryptocurrencies and swapping digital assets.

Stroev expressed great enthusiasm about the upcoming debut of the Venga app, marking just the initial phase of the company’s grand plans. In time, Venga aspires to establish itself as the preferred crypto application in Europe, with ambitions to expand its influence globally in the future.

“Stroev is confident that with our team, technology, and creativity on board, as well as our growing community, Venga will soon be providing DeFi and web3 services to a large group of users. These individuals will have the power to manage their own finances independently and explore the numerous potentials of cryptocurrency.”

The newly appointed CEO brings valuable experience to Venga, having been instrumental in growing Nebeus from its initial stage as a crypto lending platform into a sophisticated finance solution that bridges the gap between cryptocurrencies and traditional banking. With Nebeus, account holders can seamlessly link their EU IBAN or U.K. Sort Code to access a comprehensive crypto ecosystem, allowing them to earn returns through staking and lending or securely borrow digital assets.

Stroev expressed that his tenure at Nebeus would be instrumental in guiding Venga through the process of broadening its collection of cryptocurrency permits. The business has previously registered as a Virtual Asset Service Provider with both Spain’s Central Bank and Poland’s Ministry of Finance. Stroev indicated that the subsequent objective is to secure a full license under the European Union’s new Markets in Crypto-Assets Regulation, thereby enabling Venga to extend its reach throughout Europe.

Luckily for Stroev, he is supported by a skilled and knowledgeable team. This team consists of Mikhael Soschin, who previously held the position of CTO at Infintec and now serves as Venga’s Chief Information Officer. Additionally, Ana Caroline Oliveira, a former analyst at Blockchain Solutions Ltd., is on board as Head of Compliance. Lastly, Barbara Ippolito, a former analyst at Binance, is responsible for Money Laundering Reporting within the team.

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2024-07-18 17:43