Alisa Davidson
Revealed: November 12, 2025 at 7:12 am Up to date: November 12, 2025 at 7:12 am
Edited and fact-checked:
November 12, 2025 at 7:12 am
In Transient
WeFi appoints former Visa government Michael Batuev as International Head of Funds to steer the enlargement of its decentralized monetary infrastructure throughout Europe and Asia-Pacific.
World’s first deobank centered on advancing monetary sovereignty by way of decentralized infrastructure, WeFi appointed Michael Batuev as its International Head of Funds. Batuev, previously main digital options at Visa, brings over 18 years of expertise in fintech and banking to help WeFi’s progress throughout Europe, the Asia-Pacific area, and different markets.
A graduate of FESAEM and MIT, Batuev has constructed his profession on the intersection of finance, expertise, and innovation technique. At Tangem, he contributed to the event of the primary self-custody cost card built-in with a chilly crypto pockets, making a bridge between conventional finance and decentralized finance.
Throughout his tenure at Visa, he led rising product initiatives that expanded cellular and peer-to-peer funds globally, elevated contactless adoption, and superior NFC-enabled wearables. Earlier in his profession, he centered on retail digital companies, analysis and improvement, card packages, and three way partnership initiatives, accumulating twenty years of trade experience.
“The funds trade is now at a turning level,” mentioned Michael Batuev, WeFi’s International Head of Funds, in a written assertion. “Legacy techniques are struggling to maintain up with the fluid, borderless nature of digital finance. WeFi’s mannequin combines the belief of banking with the liberty of Web3. It creates the inspiration for what trendy funds must be: on the spot, clear, and really world. I’m thrilled to assist construct that future,” he added.
Michael Batuev To Unlock Subsequent-Degree International Funds And Web3 Monetary Infrastructure
In his new place, Michael Batuev will oversee the enlargement and improvement of WeFi’s funds techniques and infrastructure throughout a number of areas, starting with Europe and the Asia-Pacific, with a deal with product technique, partnerships, monetary companies, and scalable integration of decentralized finance frameworks. WeFi, co-founded by Maksym Sakharov, goals to create a mannequin for decentralized finance that aligns with trendy banking compliance requirements, combining the accessibility of DeFi with the reliability of conventional monetary establishments whereas giving customers management over their belongings and making certain full authorized and operational transparency. Batuev’s addition is a step towards attaining institutional-grade scalability.
“Michael understands how the world’s largest cost networks work and, much more importantly, the place they are often considerably strengthened utilizing Web3,” mentioned Maksym Sakharov, Founder and Group CEO of WeFi, in a written assertion. “Having Michael be part of us seems like unlocking the following stage of funds improvement. At WeFi, what we’re making an attempt to construct just isn’t really a financial institution; it’s a brand new type of monetary infrastructure that provides folks management and freedom. Michael’s arrival makes that imaginative and prescient actual,” he added.
Batuev’s appointment aligns with WeFi’s purpose of evolving from a disruptive DeFi platform right into a complete world monetary ecosystem. The corporate’s “deobank” method goals to supply end-to-end monetary autonomy—together with playing cards, deposits, loans, and funds performed on-chain whereas remaining absolutely compliant. With rising institutional and retail curiosity in regulated on-chain banking, WeFi is strategically positioned to capitalize on the increasing market.
The corporate is actively scaling operations in Europe and establishing new partnerships in Asia-Pacific jurisdictions favorable to digital belongings, corresponding to Singapore, Hong Kong, and the UAE. Batuev’s intensive expertise throughout company banking and world cost networks equips him to coordinate these initiatives and drive WeFi’s cross-regional progress.
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About The Creator
Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
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Alisa, a devoted journalist on the MPost, makes a speciality of cryptocurrency, zero-knowledge proofs, investments, and the expansive realm of Web3. With a eager eye for rising traits and applied sciences, she delivers complete protection to tell and interact readers within the ever-evolving panorama of digital finance.
Extra articles
