TechFlow reports that cryptocurrency banking platform Blockbank has announced its token BBANK will undergo a token swap on December 18, converting from the original BBANK to the new token FI at a ratio of 1:10. The total token supply will be updated to 4 billion. FI will be deployed on both Ethereum and BNB Chain.
Previously, Blockbank announced via social media that it had secured seven-figure long-term funding from digital asset market maker and Web3 investment firm DWF Labs, though the exact amount was not disclosed.
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