Lisk (LSK) Strikes Up; Becoming a member of TokenPay & Litecoin Basis Owned WEG Financial institution as Companion

© Reuters. Lisk (LSK) Moves Up; Joining TokenPay & Litecoin Foundation Owned WEG Bank as Partner

Lisk (LSK) is reportedly joining TokenPay and the Foundation, both shareholders in WEG Bank, in a move connecting blockchain ventures with the traditional finance world. The news broke during a livestream video with the founder of Litecoin (LTC), Charlie Lee.

WEG Bank, jointly owned by TokenPay and the Litecoin Foundation, has set out to increase its involvement with fintech projects. In the future, the bank is open to the option of being wholly-owned by its current minority shareholders. Reliable bank accounts and compliant financial services are still important for cryptocurrency projects.

The relationship between WEG Bank and Lisk may run deeper, as the financial institution will reportedly try to integrate with the Lisk ecosystem to communicat…

This article appeared first on Cryptovest

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