Qiwi Blockchain Teсhnologies (QBT) has launched a crypto investment dubbed “HASH,” local news outlet Kommersant reports June 29. QBT is a subsidiary of Russia’s leading payment service provider Qiwi.
HASH, built on a “classic investment banking model” according to Kommersant, will provide a platform for initial coins offerings (ICO). Yakov Barinsky, QBT’s Chief Financial Officer (CFO), explained that HASH would “assist companies to go through the fundraising stage.”