According to the materials of the site - By Bitcoin Sistemi EN

Turkish banks cannot remain indifferent to cryptocurrencies! Yapı Kredi is making an important step in the cryptocurrency sector!

As the adoption of bitcoin and altcoins continues to grow rapidly, Turkey cannot remain indifferent to this development.

At this stage, the last step was taken by Koç Holding.

Koç Holding, which has attracted attention with its investments in technology in recent years, is now focusing on the cryptocurrency sector. Yapı Kredi, a subsidiary of Koç Holding, announced plans to create a platform for trading cryptocurrencies.

Yapı Kredi announced in its notification to the Public Disclosure Platform (KAP) about the capital increase for the creation of a new platform for trading cryptocurrencies.

In a statement provided to the Public Disclosure Platform (KAP), it was reported that after obtaining the necessary permits, it is planned to create a platform for trading cryptocurrencies under Yapı Kredi Financial Technologies Inc., and a total capital increase to 1 billion 185 million Turkish lira will also be made.

The statement contains the following statements:

The Bank's Board of Directors plans to create a company under the management of Yapı Kredi Finansal Teknolojiler A.Ş. (which is wholly owned by our Bank) to manage the cryptocurrency trading platform, subject to obtaining the necessary permits. To meet the capital needs of this company, it has been decided that our Bank will participate in the capital increase of Yapı Kredi Finansal Teknolojiler A.Ş. A total of up to 1,185,000,000 Turkish lira, which must be contributed by March 26, 2026, and the General Directorate will be authorized to carry out all necessary procedures and operations. Important changes regarding this process will be communicated to our investors.

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