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As you may remember, earlier this year, it was claimed that Akbank, one of Turkey's largest banks, was in talks and made a move to purchase the cryptocurrency exchange Stablex.
According to the news of Anadolu Agency, these allegations came true and Akbank's subsidiary Ak Yatırım announced that it purchased the majority shares of the cryptocurrency platform Stablex Bilişim Teknoloji Anonim Şirketi.
In the statement, Stablex said that it is preparing to provide the best service in the field of crypto money in Turkey with its customer-oriented work.
Making a statement, Ak Yatırım General Manager Mert Erdoğmuş said, “We have invested in Stablex to respond to the need for reliable and innovative service in the cryptocurrency market, which has become an important investment tool. Stablex reflects our values with its current experience in the sector, the firsts it has signed and its professional service approach.” said.
Stablex CEO Turgut Güney also stated that the platform was established in 2021 to develop the digital assets of the future with a strong financial experience from the past and said:
“With our experience, 100 percent customer focus and professional staff, we have made our success in this field visible by bringing many firsts to our country in a short time.
We are the first platform to offer a 'Demo' account among the cryptocurrency trading platforms in Turkey.
“In the new period, Stablex will continue to play a role in the development of the sector while strengthening its innovative and agile services under the umbrella of Ak Yatırım.”
*This is not investment advice.