Why the Litecoin Foundation decided to acquire a 9.9% stake in a German bank

At a Glance:

The Litecoin Foundation needed a bank.
The partnership opens up the potential to offer banking services to other crypto-related companies.
Also opens up the potential to offer products such as Litecoin debit cards and a reliable fiat source for merchant processing.
TokenPay previously had a deal to purchase the bank and partnered with the Litecoin Foundation for part of this deal.
Litecoin Foundation can help TokenPay with tech like the Lightning Network.

By now, you

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