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Peter Volnov steps back from HOT Labs after reaching $100M TVL and 30M users

Peter Volnov steps back from HOT Labs after reaching $100M TVL and 30M users
HOT Labs founder steps down after growth

Peter Volnov announced he is officially stepping back from HOT Labs after two years at the company. Volnov stated that under his leadership, HOT Labs became the top crypto app by monthly active wallets for eight months, secured $100M in total value locked, and reached 30 million users. He emphasized HOT Labs' impact in giving financial freedom to millions. Volnov indicated he will next focus on rebuilding fiat banking.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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