Capital Increase of Bitexen Teknoloji

Bitexen Teknoloji A.Ş., one of Turkey's leading companies in the FinTech sector, with the innovative technologies it has developed at ITU ARI Teknokent, has increased its paid-up capital by 126 percent to TL 5 million. Bitexen Teknoloji's application to the Istanbul Chamber of Commerce to increase the company's capital from TL 2 million 210 thousand to TL 5 million was registered on Jan. 12, 2021, upon the decision of the General Assembly on Dec. 25, 2020. Speaking about the capital increase, Bitexen Teknoloji A.Ş. CEO Yahya Tuğyan Erdem: "Bitexen Teknoloji A.Ş., one of Turkey's leading FinTech companies, produces simple, fast, and reliable products in the field of trading, storage, management, transfer and use as a means of payment for digital assets. We continue to grow, both in our country and in line with our global goals. As we all know, during the pandemic that negatively affected the world, the FinTech industry grew with positive momentum. In this process, we have done important work in FinTech.

We will continue to serve our country in the FinTech field successfully.

We are pleased to increase our capital to TL 5 million following the decision of our General Assembly. We will continue to serve our country in FinTech with our white label services, digital asset, and payment systems, blockchain solutions, and Bitexen Academy."