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Why do think they wouldn't be able to pull this off? JPMorgan had it's own Ethereum clone ready to launch in 2017. Microsoft, PNB Paribas and Goldman Sachs just went live with the Canton network... Definitely already happening
tldr; Ola Electric Mobility is planning to raise $250-300 million in growth equity to expand two-wheeler operations and fund its planned battery facility, reports said. PNB, IOB & DCB Bank may have to negotiate higher funding costs as these lenders seek to sell bonds amid a global turmoil caused by the Swiss regulator's write-down of nearly $17 billion of Additional Tier 1 (AT-1) instruments in the Credit Suisse bailout. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*