Employees of Russia’s Qiwi to Open Cryptocurrency Investment Bank

[kreslik.news]

Employees of Russian payment company Qiwi are opening a cryptocurrency investment bank in Russia.

The project will be called HASH. It will offer services similar to other investment banks with a focus on virtual currencies. This means that it will find projects, assess them, and offer the opportunity to invest money if appropriate. Project manager Yakov Barinsky said to Kommersant (translated from Russian): “We help companies go through the stage of fundraising. Monetization is classic: we get our commission after the company with our help raised funds in the market.”

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