🚨 ALARMING: Gulf Bank Seeks $50 Million for Stablecoin Payment Takeover – What’s the Catch? 🚨

Singapore’s Gulf Bank is making waves, aiming to secure $50 million in funding for a bold move to acquire a stablecoin payment company in 2025, according to Odaily. The bank, backed by the Whampoa Group, is currently under a Bahrain license and is courting Middle Eastern sovereign wealth funds and private investors.

💡 Shocking Details Unveiled:

Equity Sale: Gulf Bank plans to sell less than 10% equity by early 2025 to fuel its expansion.Acquisition Target: A stablecoin payment company in the Middle East or Europe is in its sights for Q1 next year.Growth Focus: The funds will drive product innovation, enhance payment networks, and grow their workforce.

#BTCBreaks100K? #Write2Earn! #ETHETFsApproved #Megadrop #BTC☀