Leading traditional financial companies operating in Turkey are increasing their activities in the crypto industry. Following Akbank's subsidiary Ak Yatırım, Garanti BBVA also made its crypto move, attracting attention. This news was announced by Webrazzi and considered a significant milestone in Turkey's financial world.
Garanti BBVA Crypto: Crypto Wallet and Transfer Service
Garanti BBVA announced its foray into the crypto industry as "Garanti BBVA Crypto." Initially, this service is only available to company employees and includes crypto wallet and transfer operations. However, the date for its general availability remains uncertain, and it is noted that crypto buying and selling transactions are not yet available.
Garanti BBVA's Crypto Job Postings
Garanti BBVA demonstrated its interest in the crypto industry through job postings. Previously published announcements indicated hiring for the position of "Digital Asset Liquidity Management Project Manager/Product Owner" and a search for a "Crypto Asset Specialist/Officer." The appointed specialist would actively contribute to the bank's "Crypto Asset" operations project.
Garanti BBVA Financial Technologies Inc.: Establishment of a New Company in the Crypto Sector
In an effort to expand its activities in the crypto industry, Garanti BBVA initiated the establishment of a company in financial technologies. Named "Garanti BBVA Financial Technologies Inc.," this company will engage in consultancy, valuation, and investment activities in financial technologies. #BBVA #BANK
Ak Yatırım's Acquisition of Stablex
Akbank's subsidiary Ak Yatırım took a significant step in the crypto industry by announcing its intentions to acquire a company called Stablex in March. The company signed a share purchase and participation agreement to acquire a majority stake. This move highlights Ak Yatırım's interest in the crypto sector and strengthens its growth strategy. #AkYatırım #Turkey
In Summary
The interest of traditional financial institutions in the crypto industry continues to grow in Turkey. The crypto moves of Akbank's subsidiary Ak Yatırım and Garanti BBVA are seen as indications of the increasing importance of cryptocurrencies in the financial world. These developments suggest that Turkey's financial sector could play a more active role in the crypto industry in the future. #GarantiBBVA