Blockchains.com founder purchases community bank.
M2 EQUITYBITES-July 2, 2019--Blockchains.com founder purchases community bank
(C)2019 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 02 July 2019
Jeffrey Berns, the founder of blockchain incubation and investment firm Blockchains.com, has purchased a small community bank in Las Vegas.
The purchase is expected to secure financing for Blockchains.com. Berns had earlier announced plans to construct a Reno-sized, blockchain-focused smart city and e-sports arena in the Nevada desert.
He said that the acquisition of Kirkwood Bank of Nevada would help him to achieve his ambitions.
Berns purchased the bank through a separate holding company.
[Editorial queries for this story should be sent to firstname.lastname@example.org]
((Comments on this story may be sent to email@example.com))
|Printer friendly Cite/link Email Feedback|
|Publication:||M2 EquityBites (EQB)|
|Date:||Jul 2, 2019|
|Previous Article:||Ameris Bancorp completes Fidelity Southern acquisition.|
|Next Article:||Moody's says Nigerian banks to face issues with the implementation of payment service banking.|