Aquanow Forms MOU with OYAK Securities, a Leading Financial Services Brand in Turkey


Aquanow is pleased to announce that it has signed a memorandum of understanding (MOU) with OYAK Securities to provide digital asset services in Turkey and neighboring countries. The project scope includes developing the digital asset ecosystem and preparatory work for the necessary regulations to be established.

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“Building on our successes has been one of the company’s primary objectives,” said Phil Sham, Aquanow Chief Executive Officer. “OYAK is a demonstrated innovator, responsible fiduciary, and trusted advisor in Turkey. We are proud to have been selected by this industry leader and look forward to collaborating with the team to explore digital asset use cases in compliance with the legal regulations to be implemented in the country.”

OYAK Securities provides financial services to corporations and individuals with the objective of being a leader in sectoral developments. The group emphasizes an innovative and creative attitude in all its dealings, while maintaining strict adherence to regulations. OYAK Securities is one of the first brokerage institutions authorized by the Capital Markets Board of Turkey as the “Broadly Authorized Intermediary Institution” with the highest number of operating licenses (January 2015).

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