The digital currency wallet HyperPay plans to acquire Central Africa Digital Bank for 20 million USD

2022-10-28 22:44:04

Collection

ChainCatcher news, the digital currency wallet HyperPay is in talks to acquire the Central African Digital Bank. HyperPay's global CEO Gary has officially signed the acquisition agreement, intending to acquire the Central African Digital Bank for $20 million. Gary stated that this acquisition will accelerate the compliant operation and business expansion of the HyperPay wallet in the global market, enabling the HyperPay wallet to possess the business capabilities of both traditional banks and digital currency banks, bridging CeFi and DeFi application scenarios. Subsequently, the HyperPay wallet will also provide $10 million in insurance for all savings users to ensure the safety of user funds; at the same time, HyperPay will launch fiat bank accounts for crypto users to support global cross-border deposits and transfers. (source link)

Related tags

HyperPay

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.