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

CryptosHeadlines.com - The Leading Crypto Research Network:

Cryptocurrencies have become increasingly popular in recent years, sparking interest and actions from major players in the finance and banking industry. 

One such example is Garanti BBVA, one of Turkey’s leading banks.They have taken a significant step by launching “Garanti BBVA Crypto,” a new crypto wallet and transfer service.

Garanti BBVA’s Anticipated Move Towards Crypto

Towards the end of last year, Garanti BBVA had advertised a job listing on LinkedIn for a “Digital Asset Liquidity Management Project Manager / Product Owner.” This indicated their active interest in digital asset management.

It wasn’t the bank’s first job listing related to cryptocurrencies and digital assets, as they had previously posted a listing for a “Crypto Asset Officer/Expert” position.

These job postings sparked speculation about the bank’s potential entry into cryptocurrencies and digital assets, but concrete details on their plans were not available at that time.

Garanti BBVA Crypto Currently Available Only to Bank Employees

According to sources from Webrazzi, Garanti BBVA introduced its new service called “Garanti BBVA Crypto,” providing crypto wallet and transfer services, exclusively to its employees initially. As of now, it is uncertain when this service will be available to regular customers, as it remains accessible only to bank employees.

Although the current phase of the service does not include cryptocurrency trading, the bank plans to add it in the future. This move clearly indicates Garanti BBVA’s strong interest in cryptocurrencies and digital assets. Their frequent job postings in this area further show their commitment to grow and expand in this field.

Important: Please note that this article is only meant to provide information and should not be taken as legal, tax, investment, financial, or any other type of advice.

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