Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition – Finance Bitcoin News

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Russian neobank Tinkoff buys controlling stake in crypto company Aximetria.

The Russian neobank Tinkoff is joining the world of cryptocurrencies with the purchase of a stake in Aximetria, a Swiss-registered and licensed company which provides clients around the world with services and solutions for digital financial assets.TCS Group Holding, the owner of the Russian Tinkoff Bank, has reportedly acquired a controlling stake in the crypto company Aximetria.

“Aximetria will develop as part of the international expansion of the Tinkoff Group in compliance with all the requirements of the jurisdictions of international presence,” the company added. Its website confirms the acquisition, noting that the startup is already part of TCS Group Holding PLC. It also points out that Aximetria was among the first companies to receive permission from the Swiss Financial Market Supervisory Authority to process crypto transactions.

 

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