One of the biggest cryptocurrency exchange - Binance has announced its investment in Malta-based Founders Bank, a company that intends to offer banking services tailored for the needs of tech and cryptocurrency businesses.
Founders Bank will conduct an offering through blockchain-based equity fundraising platform Neufund and will be issuing its own legally-binding equity tokens. The equity token offering will be conducted on under German regulation in collaboration with “one of Europe’s major stock exchanges” later this year.
Profit is the main goal of every enterprise. But what is the "profit"? Is that money on the account? Dividends to the stockholders? Is it possible to define profit as "fullfill customer needs"? Is the paradigm is going to change soon?