First Decentralized, Tokenized Bank? | Binance

First Decentralized, Tokenized Bank? | Binance

The world’s second-largest crypto exchange, Binance, is backing plans to create a decentralized, blockchain-based financial institution with tokenized ownership.

The future Founders Bank would be owned with the aid of digital token buyers and be primarily based in Malta, recognised for its sturdy and obvious crypto regulatory climate.

According to Bloomberg, Binance has already invested in a 5 percentage stake, along with different anchor investors, at a $155 million pre-money valuation.

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