El Corte Ingles, the third-biggest retailer and distribution company in Spain, is reportedly launching its own cryptocurrency exchange to provide customers with crypto investing services.
firms, to help create a platform to serve the more than 11 million customers the organization has associated with its credit card. The new exchange will be called Bitcor, and will offer cryptocurrencies including bitcoin, ethereum, and others.This new platform will be one more investment option for customers of the company, who have access to various other investment opportunities through El Corte Ingles’ services.To some, this is a logical move in the expansion of the brand.
But El Corte Ingles is not the only company that is taking cryptocurrency investments seriously in Spain. Six Group, the current owner and operator of the Spanish bourse, also partnered with LMAX Group recently, one of the largest institutionally focused global fintech companies, to allow its users to invest in crypto futures.
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