Tron’s Justin Sun to Acquire Credit Suisse

March 20, 2023

MCP News Free

Tron’s Justin Sun to Acquire Credit Suisse

Justin Sun, the founder of Tron blockchain has put forward a deal to purchase the embattled Switzerland-based financial institution Credit Suisse.

Justin Sun disclosed the move in a Twitter thread on Sunday, in his tweet, he proposed a $1.5 billion to purchase the bank purposely to integrate it into the Web3 world.

Sun described his vision for the future of finance as transforming traditional financial institutions into crypto-friendly institutions so that a new standard can be created for financial institutions purposely to benefit the entire population.

“By acquiring Credit Suisse and transforming it into a crypto-friendly financial institution, we can create a new standard for financial innovation that benefits everyone.”

He however concluded the thread by stating:

“Acquiring Credit Suisse and integrating it into the crypto-friendly financial landscape of Switzerland, we can leverage the country’s progressive policies and position ourselves as a leader in financial innovation.”

Credit Suisse is a leading financial institution based in Switzerland, it ran into trouble after the recent collapse of SVB which spurred questions among investors about which bank could be trusted among the leading financial institutions.

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