Giant Turkish Bank Acquired This Cryptocurrency Exchange!

Cryptocurrencies are increasingly accepted institutionally. Turkey, in particular, has an important position in the crypto field with its young and dynamic population. Now, even giant banks cannot remain indifferent to this. In a recent development, the Ak Investment arm of Akbank, one of Turkey’s leading banks, purchased the majority shares of the cryptocurrency platform Stablex.

Akbank acquired the majority shares of Stablex

cryptokoin.comAs you follow from , Turkey is at the forefront of crypto money in the world. The abundance of crypto investors also attracts corporate companies to this area. On the one hand, global companies are applying for spot Bitcoin ETF. On the one hand, banks that see opportunity are entering this field. In a recent development, Ak Yatırım, the investment arm of Akank, one of Turkey’s leading banks, announced that it has purchased the majority shares of the cryptocurrency platform Stablex Bilişim Teknoloji Anonim Şirketi.

Stablex started to provide services under the umbrella of Ak Yatırım with the signing ceremony held in May. However, the majority share is now in the hands of Ak Yatırım. The cryptocurrency platform stated that they will offer the best in this field with their customer-oriented work. Stablex Chairman of the Board of Directors, Ak Yatırım General Manager and Board Member Mert Erdoğmuş made some statements regarding the development. In his statement, he stated that they will accelerate their current work with the aim of Stablex taking part in the construction of the crypto assets of the future. In this context, Erdoğmuş underlined the following points:

We have invested in Stablex to respond to the need for reliable and innovative service in the cryptocurrency market, which has become an important investment tool. Stablex reflects our values ​​with its current experience in the sector, its firsts and its professional service approach. By managing the fluctuations in the cryptocurrency market with a strong infrastructure, financing, experience, human resources and technology, we will move Stablex among the top 3 most well-known platforms within 2 years. At the same time, we will continue to offer the best to our customers through digital assets and new generation products.

“The cryptocurrency platform will continue on its way with confident steps.”

Stablex Chief Executive Officer (CEO) Turgut Güney also made some statements on the subject. Güney stated that the platform has a strong financial experience from the past in 2021. He stated that this experience will be in their favor in shaping the future. In this regard, Güney continued his statements as follows:

With our experience, 100 percent customer focus and professional staff, we have made our success in this field visible by bringing many firsts to our country in a short time. We are the first platform to offer a ‘Demo’ account among the cryptocurrency trading platforms in Turkey. In the new period, Stablex will continue to play a role in the development of the sector while strengthening its innovative and agile services under the umbrella of Ak Yatırım.

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