Keeta Network to Acquire Undisclosed Bank to Expand Financial Infrastructure

Keeta Network has announced an agreement to acquire a bank, though the specific institution remains unnamed. According to Foresight News, this acquisition is expected to significantly aid Keeta in integrating with traditional financial infrastructure and expanding its business operations, including obtaining necessary licenses. To support this initiative, Keeta has allocated 35 million KTA tokens from its strategic reserves. The acquisition process is subject to regulatory approval and is anticipated to take a considerable amount of time. Keeta claims to be the first in the industry to adopt this licensing model, with further details to be revealed soon.