Pharmeum Backed by Leading European Bank

Sep 25 · 1 min read

Pharmeum is finally proud to reveal that the National Westminster Bank is incubating the Pharmeum project.

“This is something we’re incredibly proud of, it’s fantastic to see traditional banks venture into Blockchain technology, it’s a sign of growth. – Zain Rana, CEO”

National Westminster is a one of the most popular UK-based banks, with a strong network and backing to grow Pharmeum over the coming years.

The incubation consists of supporting Pharmeum through pilots, consulting, and the new Pharmeum office – which will be located inside one of the bank’s branches.

Pharmeum has spent the past two years focusing heavily on development and real value-creation. Seeing this being recognised by a leading bank further legitamises the Blockchain and Cryptocurrency world.

Pharmeum spent a lot of time in successfully meeting the due-diligence and credibility to achieve this partnership. This is one of the first ventures into Blockchain by the bank. Pharmeum is now the first Initial Exchange Offering (IEO) incubated by a leading, traditional bank.

We’d like to say a special thank you to the Pharmeum community who supported the project in the stealth period. This achievement is your achievement – Pharmily.

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