PostFinance, a bank under Swiss Post, adds support for Algorand

ALGO7.43%

Gate News Update: On March 24, PostFinance, a bank under Swiss Post, added support for the L1 blockchain Algorand. Users can now purchase ALGO tokens directly through their bank accounts without setting up a wallet.

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Hut 8 replaces Coinbase loan with FalconX facility, cuts borrowing costs

Hut 8 has replaced its Coinbase Credit arrangement with a new $200 million, 364-day bitcoin-backed facility from FalconX, reducing debt costs by 200 basis points. The new facility provides a more cost-efficient borrowing structure for the bitcoin-backed arrangement, as stated in the transaction

CryptoFrontier29m ago

FalconX and Sygnum Launch Tokenized Credit for Institutions

Crypto prime broker FalconX and Sygnum Bank have partnered to launch an onchain structured credit facility, a tokenized and overcollateralized lending product designed for institutional investors seeking exposure to digital asset credit markets through a regulated banking channel, according to a

CryptoFrontier36m ago

Major CEX Partners with MoneyGram to Enable Crypto-to-Cash Withdrawals in 100+ Countries on May 5

According to Fortune, a major cryptocurrency exchange announced a partnership with MoneyGram on May 5, allowing users to exchange crypto assets for fiat cash at locations across more than 100 countries. This service aims to address the long-standing withdrawal challenges faced by crypto users,

GateNews1h ago

Western Union Launches USDPT Stablecoin on Solana

According to businesswire, Western Union announced the launch of USDPT, a U.S. dollar stablecoin on the Solana blockchain. USDPT is issued by Anchorage Digital Bank and fully backed 1:1 by U.S. dollars. The stablecoin will be integrated into Western Union's global payment system to provide on-chain

GateNews1h ago

Jump Trading and Securitize Partner to Trade Tokenized Stocks on Blockchain

According to executives, market-maker Jump Trading is partnering with tokenization firm Securitize Inc. to move stock trading onto blockchain-based systems within existing regulatory frameworks. Jump will serve as the market-maker for tokenized stocks, while Securitize will provide the underlying in

GateNews1h ago

CertiK Contributes $50K to Ethereum Security Quadratic Funding Round on May 5

According to mpost.io, CertiK contributed $50,000 to the Ethereum Security Quadratic Funding (QF) round on May 5, 2026. The funding, deployed through Giveth, will support projects focused on improving security across Ethereum. Quadratic funding amplifies contributions from a broad base of

GateNews2h ago
Comment
0/400
No comments