Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition

Russia’s Tinkoff Bank Enters Crypto Space Through Swiss Company Acquisition


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.

Tinkoff Bank Buys Stake in Aximetria

TCS Group Holding, the owner of the Russian Tinkoff Bank, has reportedly acquired a controlling stake in the crypto company Aximetria. Official numbers are yet to be announced but according to The Bell, which broke the news quoting financial market sources, TCS Group may now control up to 83.2% of the Swiss-incorporated entity which was founded by Russians.

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Quoted documents from Aximetria reveal that on Nov. 9, TCS Group bought 4,449 shares at 100 Swiss francs ($110) each, and the total share

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