Yapı Kredi, a subsidiary of Koç Holding, has announced the creation of a cryptocurrency trading platform. This decision reflects the growing interest in the crypto market in Turkey.
Yapı Kredi's Plans for the Crypto Platform
Yapı Kredi has confirmed its intention to launch a cryptocurrency trading platform after obtaining the necessary permits. This announcement was made in a notification published on the Public Disclosure Platform (KAP).
Funding the Project
As part of this initiative, it is planned to increase the capital of the company by up to 1 billion 185 million TL. This funding will be directed towards creating a new platform for crypto assets through Yapı Kredi Financial Technologies Inc.
Impact on the Turkish Cryptocurrency Market
The launch of the Yapı Kredi platform could significantly influence the development of the cryptocurrency ecosystem in Turkey, meeting the needs of local users and traders for a reliable and efficient trading environment.
Yapı Kredi's plans for a crypto platform highlight the increasing interest in cryptocurrencies and technological innovations in the Turkish market.
