2022-9-27 17:00 |
By acquiring a stake in the holding company that owns Summit National Bank, Nexo plans to expand its financial product offerings in the United States. origin »
Bitcoin price in Telegram @btc_price_every_hour
|
Crypto lending platform Nexo has made the landmark announcement that it has acquired a stake in Hulett Bancorp (DBA Mode Eleven), the holding company that owns Summit National Bank – a US federally chartered bank.
2022-9-28 17:02 | |
|
|
Tokenpay Swiss AG has officially confirmed that it has acquired a 9. 9 percent stake in WEG Bank AG in partnership with the Litecoin Foundation. The terms of the agreement will also include options to purchase approximately 90% overall of the bank, pending the customary regulatory approval.
2018-7-12 02:40 | |
|
|
The blockchain company is reportedly going to acquire the remaining shares in WEG Bank after getting approval from regulatory bodies in Germany. The post TokenPay Passes Circa 10 Percent Stake in German Bank to Litecoin Foundation for Technical Assistance appeared first on CoinSpeaker.
2018-7-12 02:13 | |
|
|
Litecoin is reporting gains on Wednesday, following news that its foundation has acquired a stake in a German bank.
2018-7-11 18:00 | |
|
|
The Litecoin (LTC) Foundation has acquired a 9.9 percent stake in Germany’s WEG Bank AG. TokenPay has now transacted its 9.9 percent equity share of the bank to the Litecoin Foundation in exchange for an agreement that will see the Foundation providing its blockchain, marketing and logistics expertise to the benefit of TokenPay’s cryptocurrency and
2018-7-11 17:06 | |
|
|
Litecoin Foundation, the non-profit that supports the popular cryptocurrency, has acquired a near 10 percent stake in a German bank. The deal comes as the result of an agreement with TokenPay, a crypto-to-fiat payments firm, according to an announcement on Tuesday.
2018-7-11 16:43 | |
|
|
The Litecoin Foundation has now acquired a 9.9% stake in Germany’s WEG Bank AG, as a result of a new strategic partnership with crypto-fiat payments firm TokenPay
2018-7-11 15:15 | |
|
|
The acquisition is part of a broader deal between the foundation and TokenPay crypto company, which includes LTC support for TPAY and EFIN coins, and eFin virtual exchange.
2018-7-11 12:34 | |
|
|
In May 2018, TokenPay Swiss AG joined with WEG Bank in Germany. The former attained a 9. 9 percent stake in the bank, along with the option to purchase as much as 90 percent, pending regulatory approval.
2018-7-11 01:20 | |
|
|
Charlie Lee, the founder of Litecoin, recently took to Twitter to announce a partnership with TokenPay, that will see the two collaborate with a German bank. TokenPay Buys a Stake in German Bank TokenPay, a Switzerland-based cryptocurrency payment platform, recently announced that it would be securing a deal with the privately owned WEG Bank in Germany.
2018-7-11 00:00 | |
|
|
Aave now controls 51. 5% of the DeFi lending market share, the first time any protocol has crossed the 50% threshold since 2020. The milestone arrives not through competitor collapse but through steady accumulation: Aave's $33.
Aave now controls 51. 5% of the DeFi lending market share, the first time any protocol has crossed the 50% threshold since 2020. The milestone arrives not through competitor collapse but through steady accumulation: Aave's $33.
Decentralized credit protocol Maple reported that none of the platform users’ positions were liquidated during the Feb. 2 price crashes, resulting in no bad debt. It also reported that users deposited $10 million to reinforce their margins over the period to avoid liquidation events.
NYDIG, Stone Ridge’s subsidiary that offers Bitcoin-backed loans, is preparing to expand its offering through float financing, according to the firm’s 2024 investor letter. The letter rebuts common objections to Bitcoin’s (BTC) utility, suggesting that it can generate cash flow through sales and serve as collateral for fiat loans.
The potential deployment on a Bitcoin layer-2 by the largest DeFi lending protocol highlights the appetite for harnessing the original blockchain for purposes that are commonplace elsewhere in the crypto ecosystem.
DeFi is poised to create a future where financial services are digital, open, always-on, and borderless, says Bill Barhydt, ceo, Abra.
Celsius' bankruptcy administrator has distributed more than $2.53 billion to some 251,000 creditors, it said in its first status report.