Universal crypto app Venga has announced the appointment of Michael Stroev as its new CEO.

The former Nebeus COO & Head of Product will lead Venga’s efforts to integrate innovations from the decentralized space with traditional finance, aiming to accelerate the adoption of web3 technologies.

Venga is dedicated to empowering users to explore and utilize innovative products from the DeFi and web3 spaces while offering popular financial services already available in the market.

The app is designed to provide consumers with a wide range of financial services, ultimately promoting crypto adoption.

The Venga app addresses a significant gap in the market for a universal crypto app characterized by an intuitive user experience and straightforward onboarding.

Unlike many existing crypto apps that are hampered by geographic restrictions or complex designs, Venga stands out with its robust technology and user-friendly interface.

The app simplifies innovative blockchain technologies, making them accessible to everyone and seamlessly integrating them with traditional finance within a mobile application.

Venga’s development is spearheaded by a team of skilled developers with a deep understanding of blockchain technology.

The app is built to bring web3 and decentralized finance innovations to general consumers while educating them about various crypto topics.

This educational component is intended to help users make informed decisions about the financial products they choose to utilize.

Venga’s transparent and compliance-first approach is designed to build trust, allowing users to confidently navigate their crypto journeys.

Additionally, the app helps users find the best exchange rates and lowest fees for buying cryptocurrencies like BTC and ETH.

As Venga’s CEO, Michael Stroev will oversee the company’s brand building, team expansion, and the finalization of the first version of the Venga app.

The all-in-one crypto app is ready for release on the App Store and Google Play, promising to make it easier for users worldwide to access and learn about innovative web3 technology and participate in activities such as swapping and staking digital assets.

Michael Stroev expressed his enthusiasm for the launch, stating,

We’re excited to be launching the first build of the Venga app, but this is only the beginning. Our focus remains fixed on our long-term vision and on the innovative products, services, and technologies that we are developing at Venga as we seek to become the go-to crypto app across Europe and beyond. We have the team, the tech, and the creativity in place to achieve this, and our community is already starting to form. As these elements converge, Venga will supply DeFi and web3 services to a new wave of users who are empowered to take full control of their finances and discover the many possibilities that crypto has to offer.

With Michael Stroev at the helm, Venga is set to bridge the gap between decentralized finance and traditional finance, fostering greater adoption of web3 technologies.

The app’s focus on user experience, robust technology, and education positions it well to become a leading player in the crypto space.

The post Universal crypto app Venga appoints Michael Stroev as CEO appeared first on Invezz

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