Litecoin owners want to buy a German bank

This week, the Litecoin Foundation and the TokenPay payment platform announced their interest to acquire the German bank WEG Bank.

This announcement has generated a lot of astonishment in the community. The official statement states that this alliance aims to “constitute a leading force in the creation and delivery to the market of FinTech cryptographic solutions driven by the consumer”.

Recently it was learned that TokenPay already took 9.9% of the shares of the aforementioned bank, with the aim of short-term gain most of them. The Litecoin Foundation saw the possibilities of this alliance and decided to offer blockchain engineering in exchange for a share participation.

The social networks received the news of the purchase intention of WEG Bank in a good way, where the creator of Litecoin and director of the foundation, Charlie Lee, obtained at least five thousand positive reactions when published the information in his official Twitter account.

K. Tovar

Source: Crypto-economy

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