Cryptocurrencies

Crypto Bank Hires Former Deutsche Bank Executive

  • Startup seeks to service tech sector, including blockchain
  • Altunis was global co-head of institutional client group
Kenan Altunis

Source: Founders Bank

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Founders Bank, which plans to offer financial services to crypto companies, has appointed former Deutsche Bank executive Kenan Altunis as chief executive officer.

The Malta-based bank, whose investors include crypto exchange Binance, is planning to serve technology companies such as startups in the blockchain and cryptocurrency markets that have had trouble securing services from traditional banks. The bank is working to get a license from the Malta Financial Services Authority and plans to offer services in Europe.