Russia’s Telecom Giant MTS Invests $11.7M in Blockchain Trade-Finance Service: Report

Coindesk | Jul 27, 2021 at 5:41 PM
  • MTS, one of Russia’s biggest telecoms companies, bought control of trade-finance platform Factorin, the Kommersant newspaper reported Tuesday.
  • The platform is used by 41 banks and companies in Russia.
  • 2.5 million people use its bank and 2,000 use its enterprise cloud computing services.