FundBank Acquires Irish Blockchain Startup Trrue Chain in €10m Deal as Institutional Crypto Demand Rises

FundBank, the US institutional banking firm founded by former Waystone executives, has made a major investment to acquire the Irish blockchain startup Trrue Chain. The deal is worth €10million ($11million).The acquisition is the first in a series of strategic moves by FundBank to establish itself as a global leader in the support of digital and crypto assets. The timing of the deal aligns directly with a marked increase in demand among institutional asset allocators and fund managers who are now integrating ...