Aquanow Türkiye, a subsidiary of Aquanow, a Vancouver, British Columbia, Canada-based infrastructure supplier that allows institutional and enterprise use-cases for digital property, acquired a strategic funding from Oyak Portföy and Finberg.
The quantity of the deal was not disclosed. Oyak Portföy gives monetary companies, such because the administration of retail and institutional portfolios made up of economic property, to round 300,000 particular person and company purchasers. Finberg is a subsidiary of Fibabanka and is a multi VC administration agency in Turkey.
The funding is the start of a partnership targeted on growing revolutionary digital asset options for the Turkish market.
Led by CEO Phil Sham, Aquanow is a digital property infrastructure supplier enabling crypto monetary companies for institutional purchasers. The corporate serves a world buyer base that features banks, neobanks, brokerages, and cost corporations.
Established in 2018, Aquanow at the moment has 100+ staff members. The corporate established its Turkish subsidiary in Q3 2023 after seeing the potential of the Turkish market.
Commenting on the information, Phil Sham stated: “Oyak Portföy and Finberg are trusted monetary establishments, and Aquanow seems to be ahead to working collaboratively to supply revolutionary digital asset companies which might be compliant with rising authorized laws in Turkey.”
FinSMEs
28/02/2024
