P2P.org states on its own site that its validators secure more than $10 billion in assets across over 40 networks, with seven years and zero slashing events behind it, figures pulled Tuesday, August 18, 2026. Almost none of that $10 billion touches P2P.org's balance sheet, because the model is non-custodial and the assets stay with the client or the client's custodian. Betsabe Botaitis is the chief financial officer who runs the money that does.
She took the role on January 13, 2026, per P2P.org's own announcement, after serving as chief financial officer and treasurer at Hedera. What follows is the part of her record that a primary document supports, the part that traces back to one circulated biography, and why the finance seat at a staking provider is a stranger job than the title suggests.
What Betsabe Botaitis's Title Actually Is
The clean primary document is P2P.org's own appointment announcement, dated January 13, 2026 and datelined George Town, Cayman Islands. It names her Chief Financial Officer and gives her oversight of finance, treasury, planning and operational functions. Her quoted line in that release points at where the company expected growth to come from, saying P2P.org "has built trusted, enterprise-class products in institutional staking" and that she joined to support the next phase "particularly as demand increases in the U.S. and Latin America."
One detail in that same announcement has already aged, and it is the kind of thing a profile assembled from search results will hand you wrong. The welcoming quote came from Alex Esin, then chief executive. Seven days later, on January 20, 2026, P2P.org published that founder Konstantin Lomashuk had returned as CEO with Konstantin Zaitcev joining as co-chief executive, and that Esin had moved to an advisory role. Her position was untouched by that reshuffle, but the company that hired her had a different command structure within the month.
Three later documents keep her title current rather than announced and then abandoned. P2P.org ran an interview on its own site dated April 29, 2026 that carries her as CFO. Fortune profiled her on April 17, 2026 in the same role. And the published agenda for the Jackson Hole symposium held the week of August 17, 2026 lists her as Chief Financial Officer at P2P.org. Nothing published by P2P.org, and nothing in reputable secondary coverage, indicates a departure.
The Hedera Job That Came Before This One
Hedera Governing Council's own release dated December 7, 2022 states that she acts as "both the CFO and the Treasurer of Hedera," and a second Hedera-issued release the following day, December 8, 2022, uses "Chief Finance Officer and Treasurer" when announcing her as a top honoree at a Nasdaq Latina Disruptors event. Two company-issued documents on consecutive days, from the employer itself, set the standard the rest of her record gets held to below.
What the job covered is described in P2P.org's January announcement, which credits her with leading Hedera's first financial audit, implementing enterprise risk management programs and scaling treasury operations, across hundreds of millions of dollars in fiat budgets against billions in digital assets. Fortune's April profile describes the same tenure independently. Running a treasury denominated in a network's own token, against operating costs denominated in dollars, is the specific problem Hedera handed her, and it is the same problem she now has at a company whose revenue arrives in staking rewards.
Phemex published a profile of Hedera co-founder Mance Harmon on Monday, August 17, 2026. That piece existed largely to correct a title he stopped holding in 2022 and that aggregator pages still assign him. Botaitis's record is the cleaner version of the same situation, since both her past and present titles hold up against documents. The trap is identical in shape, which is why this profile dates every source it uses.
What P2P.org Actually Sells
Start with the piece most coverage skips. P2P.org takes custody of nothing. It runs validator infrastructure, operating the machines that sign blocks on proof-of-stake networks, and it does that on assets that never leave the owner's control.
The company's Ethereum staking documentation is explicit. "P2P.org is a non-custodial infrastructure provider and has no access to the client's withdrawal private key." Validator signing keys are generated by P2P.org and immediately split into three shards using multi-party computation, with a 2-of-3 quorum across geographically separated key managers needed to produce a valid signature. The service fee is collected from execution-layer rewards through an automated smart contract split rather than invoiced.
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Layer of the stack
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Who controls it
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The staked assets
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The client or the client's custodian
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The withdrawal address
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The client, permanently recorded by the protocol
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Validator signing keys
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P2P.org, split 2-of-3 across separated key managers
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Uptime and slashing exposure
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P2P.org's operations
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The service fee
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Deducted from execution-layer rewards by smart contract
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Think of it as a company that runs the engine room on a ship it does not own and never boards with the cargo.
The clearest illustration P2P.org has published is its June 10, 2026 post on staking inside bank custody with Taurus, the Swiss digital-asset custody platform regulated by FINMA. Its description of the arrangement is the model in one line. Assets stay in Taurus custody, and clients delegate to P2P.org validator operations. A private bank can offer staking as a feature inside the compliance framework it already has, without standing up node infrastructure or moving client coins anywhere.
Why This Finance Seat Is Stranger Than the Title Suggests
The intuitive read on a staking company's CFO is that she sits on a mountain of other people's coins. She does not, and that correction is what makes the seat interesting.
Her revenue line is a percentage of a percentage. On Ethereum, P2P.org's own network page quotes a 2.9% network reward rate on native staking against a 5% validator fee, a 32 ETH minimum per validator, and roughly $2.38 billion in ETH locked with the provider on a pull taken Tuesday, August 18, 2026. Run the arithmetic and $2.38 billion earning 2.9% produces about $69 million of annual rewards, of which the 5% fee is roughly $3.4 million on the network that carries the most delegated value.
Three variables move that number and the client count is none of them. Reward rates compress as more of a network's supply gets staked, the fee is competitive and contract-negotiated, and the whole figure is denominated in the staked asset, so a 30% drawdown in ETH cuts dollar revenue by 30% with every client still in place. A treasury policy at a company like this is not a back-office document, it is the thing standing between a token drawdown and payroll.
One more part of the job never shows up in a comparable software business. Financial governance is a sales input here, because the buyers are custodians, banks and exchanges whose own auditors underwrite the vendor. P2P.org runs a SOC 2 Type II certification audited by KirkpatrickPrice alongside the zero-slashing record, and both function as procurement documents. Botaitis put the mandate plainly in her Fortune interview. "As CFO, my mandate is making sure our financial governance meets the standards institutional clients expect."
A useful comparison is a crypto lending desk, which takes the asset onto its own book and re-lends it, importing every counterparty it touches. A non-custodial validator never takes possession, so its counterparty exposure runs through custody integrations and slashing liability rather than through a loan book. Liquid staking through a receipt token such as stETH answers a third question again, since it exists to make staked collateral usable across DeFi rather than to keep assets inside a regulated custodian. Three yield businesses, three completely different risk sheets, and the CFO's job is the fastest way to tell them apart.
The Jackson Hole Panel She Moderated
Botaitis moderated a session titled "Unified Asset Management: Building the New Infrastructure Stack" on Tuesday, August 18, 2026, from 11:50 AM to 12:30 PM Mountain Time, at an invitation-only digital-asset policy symposium in Jackson Hole. The published agenda lists her as moderator with her P2P.org title attached, the most recent dated confirmation of it available.
The seat allocation says more than the session name does. She was placed opposite the co-founder and chief executive of a digital-asset custodian, the chief executive of a digital prime-brokerage arm, the head of capital markets at a layer-1 developer, and the institutional head at a major centralized venue. A staking provider's CFO moderating custody, prime brokerage, protocol distribution and exchange flow is a reasonable signal about where staking infrastructure now sits in the institutional stack. Phemex is publishing a separate profile of that capital-markets head, Mustafa Al Niama of Mysten Labs, on Wednesday, August 19, 2026.
What Does Not Verify About Betsabe Botaitis
A single biography block circulates across speaker pages, conference profiles and aggregator entries, and it carries specifics that no employer document confirms. The most-repeated of those is an MBA and an MS in finance from Golden Gate University, dated 2009 in some copies. Neither P2P.org nor Hedera states her education anywhere in their own releases, and every copy of the claim traces back to the same profile text. Finding it on eight sites is one bio copied eight times, not eight sources, so it is left out of the body above rather than laundered in by repetition.
A few career rows sit in between. Uplift, Kueski and the co-founding of AIKON appear in Hedera's own December 2022 releases, which makes them corporate-document claims rather than aggregator claims, but those releases are also the origin of the block that now circulates, so they rest on one press office and no filing or registry. Citigroup and LendingClub are the two rows that clear a higher bar, named independently in both Hedera's 2022 release and P2P.org's 2026 announcement.
Smaller items are unresolved and worth naming rather than smoothing over. No document gives the month she joined Hedera or the month she left, only the December 2022 announcement and the January 2026 move. P2P.org's own homepage carried two different institutional client counts, 130+ and 190+, on the same page on a Tuesday, August 18, 2026 read, so treat any single client figure as approximate.
Frequently Asked Questions
Is Betsabe Botaitis still the CFO of P2P.org?
Yes, on every dated document available. P2P.org announced her appointment on January 13, 2026, published an interview carrying the title on April 29, 2026, and the August 2026 Jackson Hole symposium agenda lists her as P2P.org's Chief Financial Officer. No dated document from either the company or the press points to a departure from the role.
Does P2P.org hold customer crypto?
It does not, and its own documentation is direct about that. P2P.org's Ethereum staking documentation states it is a non-custodial provider with no access to the client's withdrawal private key, and its bank integrations are built so assets stay inside the custodian while validator duties are delegated. That structure is the reason its counterparty risk profile looks nothing like a lending desk's.
What does a chief financial officer at a staking company actually do?
The core work is treasury policy on revenue that arrives denominated in volatile assets, plus the financial governance that institutional buyers audit before signing. Since fee income is a percentage of network rewards, the CFO manages exposure to reward-rate compression and token drawdowns rather than to a conventional sales pipeline.
What did she do at Hedera before joining P2P.org?
Hedera's own December 2022 release names her as both CFO and Treasurer, and P2P.org's announcement credits her with running Hedera's first financial audit, building enterprise risk management programs and scaling treasury operations. Treasury management on a network holding billions in its own token is the closest analog to her current mandate.
Bottom Line
The useful thing about profiling a staking provider's CFO is that the role exposes the business model faster than any explainer does. Revenue is a fee on rewards, rewards are denominated in the network's token, and the assets producing them never enter the balance sheet, so the entire operation is a governance and treasury exercise wrapped around a validator fleet. Two things are worth tracking from here. Watch the reward rate on Ethereum, because 2.9% on native staking against a 5% fee caps what the provider's largest network earns without adding delegated assets, and those rates fall as more supply stakes. Then watch the shift its founder described on January 20, 2026, from validator operations toward broader yield infrastructure, which is the answer to a compressing fee. A staking business that only runs validators is selling a commodity with a falling price. The CFO's job is to make the second business real before the first one gets there.
This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency trading involves substantial risk. Always conduct your own research before making trading decisions.
