Ak Investment, a subsidiary of Akbank, has launched its official initiatives to become the majority shareholder of the crypto exchange Stablex.
The adoption of cryptocurrencies is increasing day by day. This sector, which has become widespread in Turkey, has managed to attract the attention of traditional financial products. Known for its collaborative work with Ripple, Akbank is taking another step into the crypto industry. Ak Investment, a subsidiary of Akbank, Stablex to become the majority shareholder of the stock exchange, Stablex Information Technology Inc. with said he agreed.
Akbank Subsidiary Ak Investment Enters Crypto Sector with Stablex
Akbank subsidiary Ak Investmentcrypto exchange Stablexfor the acquisition of the majority shares of Stablex announced its agreement with Bilişim Teknoloji A.Ş.
TurkeyKnown for its proximity to the crypto industry in Akbankby making a new move, attracted attention. Ak Investment, a 100% subsidiary of Akbankcrypto exchange StablexIt is entering the crypto industry as the majority shareholder of .
KAP declaring And Investmentwith the current shareholders of Stablex on March 14 stated that an agreement had been reached. Moreover Ak Investmentwith the current shareholders of Stablex Share Purchase and Participation Agreement He said he signed it.
In Ak Yatırım’s PDP statement, this agreement, Competition committee‘s approval of the transaction and fulfillment of other prerequisites set out in the contract It was underlined that this would be done.
