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Crypto Prune > Market > Turkish banks cannot remain indifferent to cryptocurrency! YapıKredi runs major cryptocurrencies!
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Turkish banks cannot remain indifferent to cryptocurrency! YapıKredi runs major cryptocurrencies!

6 months ago 2 Min Read

As Bitcoin and altcoin adoption continues to grow rapidly, Türkiye cannot remain indifferent to this development.

At this point, the final move came from Course Holding.

KoçHolding, which has attracted attention for technology investment in recent years, is currently attracting attention in the cryptocurrency sector. YapıKredi, a subsidiary of Koç, has announced plans to establish a cryptocurrency trading platform.

YapıKredi announced in a notice to the Public Disclosure Platform (KAP) that it will increase its capital to establish a new Crypto Asset platform.

In a statement to the Public Disclosure Platform (KAP), it was reported that a cryptocurrency trading platform will be established within YapıKrediFinancial Technologies Inc. after obtaining the necessary permissions, with a total capital increase of up to TL of 1 billion.

The statement included:

The bank’s board of directors is set up the company under the ownership of YapıKrediFinansal Teknolojiler A.ş. (This is entirely owned by our bank), and if you obtain the necessary permissions, we operate a cryptocurrency trading platform. To meet this assumed company’s capital needs, it was decided that the bank will participate in the capital increase of YapıKrediFinansal Teknolojiler A.ş. A maximum of 1,185,000,000 will take place by March 26, 2026. Critical developments regarding the process are shared with investors.

*This is not investment advice.

See also  Blockchain could ultimately free the bank from COBOL
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