Investor News Today - Investing guides, latest news & articles!
  • Home
  • News
  • Business
  • Crypto
  • Economy
  • Finance
  • Markets
  • Forex
  • Contact
No Result
View All Result
Investor News Today - Investing guides, latest news & articles!
  • Home
  • News
  • Business
  • Crypto
  • Economy
  • Finance
  • Markets
  • Forex
  • Contact
No Result
View All Result
Investor News Today - Investing guides, latest news & articles!
No Result
View All Result
Home Crypto

Bitcoin Group set to acquire German’s oldest Bank for over $15M

Investor News by Investor News
December 12, 2022
in Crypto


Haru Invest

Crypto holding company Bitcoin Group has moved to buy one of the world’s oldest banks Bankhaus von der Heydt, for roughly $15 million.

Bankhaus von der Heydt was founded in 1754 as a privately-owned bank offering traditional and digital assets banking. It became the first bank in German to offer cryptocurrency trading and custody services for financial institutions and asset managers.

Bitcoin Group announced on Dec. 12 that it had signed a deal to acquire the German-based digital bank. Bitcoin Group will pay about $15 million for 100% of Bankhaus’s 150,000 shares upon completion in the third quarter of 2023,

In the next phase of the acquisition, the Bitcoin Group is to secure approval from Germany’s Federal Financial Supervisory Authority (BaFin) for the banking license.

The takeover of Bankhaus will see the Bitcoin Group own two banking licenses from Germany, following its earlier acquisition of the Futurm digital bank.

Journalist at CryptoSlate

Christian is a crypto-curious nerd who loves to investigate how protocols work under the hood. Christian is interested in DeFi protocol research, token economics, and on-chain analytics.

Read Our Latest Market Report

Connect your wallet, trade with Orion Swap Widget.

Directly from this Widget: the top CEXs + DEXs aggregated through Orion. No account, global access.

Get an Edge on the Crypto Market 👇

Become a member of CryptoSlate Edge and access our exclusive Discord community, more exclusive content and analysis.

On-chain analysis

Price snapshots

More context

Join now for $19/month Explore all benefits

Disclaimer: Our writers’ opinions are solely their own and do not reflect the opinion of CryptoSlate. None of the information you read on CryptoSlate should be taken as investment advice, nor does CryptoSlate endorse any project that may be mentioned or linked to in this article. Buying and trading cryptocurrencies should be considered a high-risk activity. Please do your own due diligence before taking any action related to content within this article. Finally, CryptoSlate takes no responsibility should you lose money trading cryptocurrencies.

You might also like

Hive Ransomware Network Dismantled by American, European Law Enforcement – Bitcoin News

Fed policy to align bank oversight could limit crypto activities by state banks

Azuki’s Twitter account used to promote fake virtual land mint



Source link

Previous Post

Here Is Your Complete Guide to Debt Relief for 2023 » Savoteur

Next Post

A diminished US workforce could lead Fed to keep rates high

Investor News

Investor News

Recommended For You

Hive Ransomware Network Dismantled by American, European Law Enforcement – Bitcoin News

by Investor News
January 27, 2023

Law enforcement authorities from over a dozen countries in Europe and North America have taken part in disrupting the activities of the Hive ransomware group, the U.S. Justice...

Read more

Fed policy to align bank oversight could limit crypto activities by state banks

by Investor News
January 27, 2023

The United States Federal Reserve Board announced Jan. 27 that it was issuing a policy statement on limitations on banks. The policy seeks to create a level playing...

Read more
Next Post

A diminished US workforce could lead Fed to keep rates high

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

I Disagree – Meb Faber Research

January 10, 2023
Are Online Banks Safe?

Are Online Banks Safe?

January 16, 2023

National Sales-Tax Plan Gains Attention in House GOP

January 25, 2023

JPMorgan, Virgin Galactic, Tesla and more

January 14, 2023

Tesla Doubles Discounts on Model 3, Model Y Vehicles

December 22, 2022

Market Rally Takes Big Step, 9 Stocks Flash Buy Signals; Tesla’s EV Price War

January 7, 2023

investor-white

© 2022 Investor News Hubb All rights reserved.

Use of these names, logos, and brands does not imply endorsement unless specified. By using this site, you agree to the Privacy Policy and Terms & Conditions.

Navigate Site

  • Home
  • News
  • Business
  • Crypto
  • Economy
  • Finance
  • Markets
  • Forex
  • Contact

Newsletter Sign Up.

No Result
View All Result
  • Home
  • News
  • Business
  • Crypto
  • Economy
  • Finance
  • Markets
  • Forex
  • Contact

© 2022 Investor News Hubb All rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?