| operations |
| comment | | "parent_author":"",<br>"parent_permlink":"crypto",<br>"author":"infoslink",<br>"permlink":"tokenpaycompletes99acquisitionofwegbank-eeckivmnpn",<br>"title":"TokenPay completes 9.9% acquisition of WEG Bank",<br>"body":"<center>https:\/\/infos.link\/wp-content\/uploads\/2018\/05\/tokenpay.jpg<\/center> <br \/><strong>An agreement was reached between\u00a0TokenPay,<br> a decentralized payment platform and self-auditing,<br> and the\u00a0WEG Bank AG in\u00a0Munichbased in Berlin,<br> Germany.\u00a0TokenPay would have\u00a0acquired\u00a0certificates of action.<\/strong>\r\n<h2>Understand the history of the agreement between the two companies<\/h2>\r\n<strong>TokenPay purchased 9.9% of the shares in WEG Bank AG,<br> with the possibility of acquiring 80.1% of the additional holdings,<br> following the usual regulatory approval.<\/strong>\r\n\r\nThe transaction was finalized during the TokenPay token sale last December after months of talks and negotiations.\u00a0On his page,<br> TokenPay\u00a0wrote\u00a0:\r\n<blockquote>Today,<br> we officially announce the conclusion of a new partnership with WEG Bank AG,<br> based in Germany.\u00a0WEG Bank has also formalized this partnership via its website.\u00a0Share certificates representing 9.9% of the interest in WEG Bank AG were transferred to TokenPay Swiss AG,<br> as well as options to acquire an additional 80.1% of the bank,<br> according to the usual regulatory approval.\u00a0The proceeds from this transaction came from our ICO in December 2017. As indicated in our Whitepaper roadmap,<br> we entered into this partnership in the second quarter of 2018,<br> in line with our November 2017 projections.<\/blockquote>\r\n<img src=\"https:\/\/infos.link\/wp-content\/uploads\/2018\/05\/1_OpjRnqWs9EhhVHzCZB1WEA-768x384.jpeg\" alt width=\"768\" height=\"384\" \/><br>\r\n\r\nTokenPay said:\r\n<blockquote>We were approached by WEG Bank in December 2017. The bank has an interest in offering FinTech solutions that will align with the new economy,<br> while continuing to serve its existing real estate clientele in a traditional way.\u00a0It is our state-of-the-art technological complex that finally allowed us to be selected by the bank for this partnership.\u00a0We believe that TokenPay's selection is a testament to our advanced knowledge and the incredible team that powers our platform.<\/blockquote>\r\n<h2>The possible partnership with Liechtenstein Bank<\/h2>\r\n<strong>TokenPay also claimed to have been contacted by a second bank about a minority stake and a similar partnership.\u00a0According to the company's program,<br> it will meet Liechtenstein Bank in June 2018.<\/strong>The collaboration could be done in the same way as with the German bank.\r\n<div><\/div>\r\nTokenPay initially thought of buying a stake in a Vanuatu bank.\u00a0However,<br> it has been replaced by WEG Bank.\r\n\r\nRecently,<br> TokenPay concretized its partnership with\u00a0the Verge (XVG)\u00a0,<br> with a donation of 66,<br>550,<br>000 XVG,<br> or $ 2,<br>660,<br>000 to support the completion of fundraising.\r\n\r\n<strong>Several crypto-currencies have tried to offer debit cards to their users<\/strong>\u00a0- we can mention the LitePay platform,<br> which has received financial support from the\u00a0Litecoin Foundation.\u00a0The LitePay project was unfortunately interrupted following a Reddit Ask-Me-Anything session.\r\n\r\n<strong>What do you think of the partnership between TokenPay and WEG Bank AG?\u00a0Do you think that a similar collaboration will be concluded between TokenPay and Liechtenstein Bank?\u00a0Tell us in the comments section below.<\/strong>\r\n\r\n ",<br>"json_metadata":" \"community\":\"steempress\",<br>\"app\":\"steempress\/1.2\",<br>\"image\":[\"https:\/\/infos.link\/wp-content\/uploads\/2018\/05\/tokenpay.jpg\" ,<br>\"tags\":[\"crypto\",<br>\"tokenpay\" " | | comment_options | "author":"infoslink",
"permlink":"tokenpaycompletes99acquisitionofwegbank-eeckivmnpn",
"max_accepted_payout":"1000000.000 SBD",
"percent_steem_dollars":10000,
"allow_votes":true,
"allow_curation_rewards":true,
"extensions":[[0,
"beneficiaries":[ "account":"fredrikaa",
"weight":500 ,
"account":"howo",
"weight":500 |
|