Justin Sun Declares Interest to Acquire Embattled Credit Suisse

Justin Sun Declares Interest to Acquire Embattled Credit Suisse

full version at coinedition
  • Justin Sun publicly bids $1.5B for the Switzerland-based investment bank, Credit Suisse.
  • Sun’s bid comes after a bid by UBS, a Switzerland-based multinational, fell short.
  • According to Sun, with the acquisition, he will pave the way for a more innovative and decentralized financial system.

TRON founder and advisor at Huobi Global, Justin Sun, has publicly indicated an interest in acquiring Credit Suisse, the Switzerland-based investment bank. In a tweet, Sun revealed that the successful acquisition of the bank would support his company’s status as a leader in financial innovation.

Sun declared his intention after a bid by UBS, a Switzerland-based multinational diversified financial services company, fell short. Sun proposed an offer of $1.5 billion to acquire Credit Suisse, hoping to integrate it into Web 3.0.

While explaining his intentions, Sun acknowledged Switzerland as one…

The post Justin Sun Declares Interest to Acquire Embattled Credit Suisse appeared first on Coin Edition.

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