Turkish banking group Garanti BBVA has launched Garanti BBVA Digital Assets as part of its fintech subsidiary. The company is currently beta testing its crypto wallet, which supports bitcoin and ether custody and provides transfer services. Last year BBVA increased its shareholding in the Turkish bank to 86%.
“Our purpose is to bring the age of opportunity to everyone, based on our customers’ real needs,” said M. Çağrı Süzer, Garanti BBVA Digital Assets Chairman. “Given the interest of our customers in digital assets, we took the decision to form a sizeable team that focuses on developing state of the art blockchain technologies.”
He added, “Our research shows that customers significantly value trust in their crypto transactions and especially in its storage.”
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