Home / Crypto News / Tangem to Develop Smart Banknotes Raises $ 15 Million from SBI

Tangem to Develop Smart Banknotes Raises $ 15 Million from SBI


kaz 【CRYPTO TIMES Official Writer】

kaz Coin Desk News

A university student who graduated from high school in Switzerland and attends an American university. We entered the cryptocurrency last June and started investing in the fun and attractiveness.

Start-up company Tangem , a developer of smart banknotes, announced in a press release that it received funding of $ 15 million (about 1.68 billion yen) from SBI Group on the 24th of this month . With this funding, Tangem will move its office to Zug, a Swiss country called Crypto Valley.

Tangem is a start-up jointly with Andrey Kurennykh, Anselm Schmucki, former head of UBS Moscow branch.

Singapore’s Tangem issues BTC smart banknotes-CRYPTO TIMES

The company’s Tangem Card is loaded with a fixed amount of cryptocurrency, and can be used for payment or transferred to others like a debit card.

The product has already been launched and offers more than 25,000 cards for projects such as Cardano and RSK.

CEO of Andrey Kurennykh commented in the press release:

“Tangem’s major mission is to incorporate blockchain technology into people’s daily lives, which allows people who can not access traditional traditional financial systems to exchange value safely and easily. Crypto Valley’s As part, Tangem is taking a step closer to this goal with resources and partnerships. “

Article Source: Press Release

Get information on CRYPTO TIMES LINE @!

Related articles From the same writer

Popular articles of the same category

Author: kaz 【Coin Desk News】 – Source Post: https://crypto-times.jp/tangem-sbi/

Disclaimer: CoinNewsDesk.com is a crypto news portal, financial discussion forum, and content curator / aggregator. Articles on Coin News Desk are provided for entertainment and informational purposes only. We are not an investment advisor and do not provide financial advice.

Please check the articles which have not been reviewed and verified all articles posted on CoinNewsDesk.com. Please independent research and verify any information found here before relying on facts on the facts. No content on Coin News Desk makes up a recommendation to enter in any type of investment or any investment in any investment strategy presented on this website. before making any decision regarding investments or your personal finances.

About Coin News Desk Team