Tron (TRX) founder and cryptocurrency Justin Sun, one of the most controversial names in the world, made an incredible offer about the Swiss bank Credit Suisse, which has been on the agenda recently.
Tron Founder Justin Sun Says UBS Bid Is Insufficient, Offering $1.5 Billion
Justin Sun expressed interest in acquiring Credit Suisse and integrating this traditional financial institution into the Web3.0 world. Sun said in a tweet that UBS’s $1 billion bid for Credit Suisse “was insufficient” and wanted to submit its own offer of $1.5 billion to buy the institution.
.@UBS‘s bid for @CreditSuisse falling short. I would like to propose my own offer of $1.5 billion to acquire Credit Suisse and integrate it into the Web3.0 world. Switzerland has been one of the most crypto-friendly countries in the world.
— HE Justin Sun 孙宇晨 (@justinsuntron) March 19, 2023
However, Sun also spoke about the reasons for its acquisition of Credit Suisse.
According to Sun, Switzerland’s reputation as a leader in cryptocurrency and blockchain technology makes Credit Suisse an attractive place to integrate into a crypto-friendly financial institution.
Sun believes this will result in a more innovative and decentralized financial system that benefits everyone. “The financial world is changing rapidly and we must embrace new technologies if we want to stay competitive,” Sun tweeted.
Sun believes that traditional financial institutions must adapt and evolve to meet the needs of their customers in this changing environment. “By integrating Credit Suisse into a crypto-friendly financial institution, we can create a new standard for financial innovation that benefits everyone,” Sun said in a statement.
“Switzerland has been one of the most crypto-friendly countries in the world, and by leveraging its progressive policies, we can position ourselves as a leader in financial innovation,” Sun added.
*Not investment advice.
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