Reinforcing its position as Blockchain Pioneer, Malta, "Blockchain Island", to Get a Blockchain Bank
Malta is about to get a bank that will finally begin servicing crypto and blockchain companies as well as high net worth individuals, who until recently, have been shunned by traditional banks on the so-called ‘Blockchain Island’.
OK Group’s investment arm, OK Blockchain Capital Limited, announced that it is the anchor investor in RnF Finance Limited, a Maltese based company applying with the Malta Financial Services Authority for authorization to act as a credit institution.
The CEO and founder of RnF, Roderick Psaila, has been in banking for 28 years and has started a number of banks in Malta over the past 10 years. Until recently, he was also the CEO of AgriBank – a Malta licensed credit institution.
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