Garanti BBVA Launches Crypto Trading Service with Ripple and IBM, Enhancing Security for 14,000 Users Post 2023 Pilot

Oct 23, 2024, 07:06 AM

Garanti BBVA Kripto, a Turkish bank, has partnered with Ripple and IBM to enhance its crypto trading and custodial services. This collaboration follows a successful pilot program conducted in 2023 and aims to improve the performance and security of its growing digital platform. The initiative will provide advanced trading and custody services to over 14,000 users, incorporating features such as data encryption to ensure high security. This marks a significant development for Garanti BBVA as it seeks to strengthen its position in the cryptocurrency market.