The Turkish bank Yapi Kredi's subsidiary will establish a cryptocurrency trading platform.

According to the document submitted to the exchange on Thursday evening, Yapi Kredi, a subsidiary of the Turkish bank Yapi Kredi, plans to establish a new company to operate as a cryptocurrency asset trading platform. Yapi Kredi will increase its capital investment in Yapi Kredi Finansal Teknolojiler to 1.19 billion lira to meet the capital requirements of the new company.