#walrus $WAL @Walrus 🦭/acc

RBI has approved a acquisition of Blackstone with Federal bank based in Kochi a stake of 9.99%. Blackstone is investing through a Singapore based enterprise Asiall Topco Xll Pte Ltd. for approximately 6196.51 Crore. This acquisition has termed Blackstone as a largest share holder and to exercise the power to appoint a Executive Director in Board. It looks like the financial system has began to diversify with foreign stakes and the rapid openness of banking system towards tokenization and higher credit market stability.

Why walrus protocol---

1. Red stuff encoding

2. Storage Architechture

3. Decentralized coordination

4. Incentivised Availability

WAL

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