Litecoin Foundation and Tokenpay Acquire Stake in German Bank

in #litecoin • 6 years ago

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Article written by: Samuel Haig

Litecoin Foundation and Tokenpay Acquire 10% of German Bank
Tokenpay has revealed that a strategic partnership between it and the Litecoin Foundation has seen the entities acquire an approximately 10% stake in the German financial institution WEG Bank.

According to a press release published by Tokenpay, the deal will see WEG Bank “Provide its world-class technology and marketing expertise to Tokenpay and its several blockchain initiatives,” specifically citing Tpay Cryptocurrency, Efin Decentralized Exchange, Tokensuisse Asset Management, WEG Bank Fintech Platform, and Multisignature Transaction Engine.
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Read the whole article here: https://news.bitcoin.com/litecoin-foundation-tokenpay-acquire-stake-german-bank/

What is your reaction to the acquisition of 9.9% of WEG Bank by the Litecoin Foundation and Tokenpay?

#bitcoin #cryptocurrencies #token-pay #german-bank
6 years ago in #litecoin by
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