Research

📣 TokenPay and Litecoin Foundation announce an extensive crypto strategic partnership

Messari

Jul 11, 2018 ⋅  1 min read

TokenPay Swiss AG announced its partnership with WEG Bank in Germany, with TokenPay acquiring 9.9% of the bank along with options to purchase approx. 90% overall of the bank pending the customary regulatory approval. The 9.9% stake was transacted to the Litecoin Foundation ($LTC) in exchange for a marketing and technology service agreement in hopes of creating and delivering to the market modern consumer-driven crypto fintech solutions.

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