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BANKEX’s recent registration in Malta has paved the path to the first sale of BANKEX tokens to a leading institutional investor on the financial assets market. The tokens that are now in the possession of this financial powerhouse are time-locked and will be used within the framework of the BANKEX STO. As proven by this deal, BANKEX is now opening a new exciting chapter in its development, one defined by cooperation with big enterprises. With this success, BANKEX is now focusing on its main infrastructure services and tech: BANKEX Custody Service, BANKEX Token Exchange, Ethereum Plasma Prime, and an STO framework. Since BANKEX’s founding as a startup in 2015, it has formed a final award-winning team, established strategic partnerships, and has had its token listed on important exchanges. But it is worthwhile to look back to see just how the company transitioned from startup to major player and the tech that powered it all.
Fintech company BANKEX was founded in 2015, when it provided Know Your Customer (KYC) services to banks, developed chatbots, researched markets, and participated in and won hackathons. Then, in 2017, the company began to focus on developing the Proof-of-Asset Protocol to unify Banking-as-a-Service product modules and blockchain technology.
To make this new unification a reality, BANKEX initiated a token sale. This was ranked among the most anticipated and successful sales of 2017 according to an independent ranking from Entrepreneur media. Shortly thereafter, in February 2017, BANKEX signed a partnership with Microsoft to develop blockchain technology.
Now after this period of successful development,