Binance Invests In Malta-based Founders Bank – World’s First Community-Owned Bank


Binance, one of the world’s largest cryptocurrency exchanges, has announced an investment in Malta-based Founders Bank. Binance has taken a 5% stake alongside other anchor investors at €133 million (US$155 million) pre-money valuation, according to their announcement. Founders Bank is aiming to deliver progressive fintech solutions in the world of innovation and blockchain and will issue its own legally-binding equity tokens. The offering of equity token will be conducted on Neufund under German regulation in collaboration with one of Europe’s major …

Binance Invests In Malta-based Founders Bank – World’s First Community-Owned Bank appeared first on China Money Network.


Print Print | Email Email | Category: China News

Sorry, comments are closed at this time.