Almost 25,000 members of Telcoin’s Telegram community buzz on Friday morning in response to a rumor fueling further optimism behind one of fintech’s fastest rising stars.

Is Telcoin – a fund provider who plans to enter the DeFi space this summer – involved in the acquisition of a leading Nebraska bank?

Although the bank’s name could not be independently verified prior to publication, speculation has been circulating about Telcoin’s partnerships with regional banks across the United States since 2020, when Telcoin CEO Paul Neuner , has publicly confirmed partnerships with no less than ten banks.

The names of the financial institutions were not disclosed at the time.

The big Telcoin bank’s case-fueled speculation was a prominent member of the Telcoin community and an investigator, H | D. His connect-the-dot cryptic tweets have been watched closely by ‘Telcoiners’ since 2018 in their never-ending quest to uncover the big moves Telcoin is about to make.

The rumor mill has been hit more than missed lately when it comes to Telcoin. After months of speculation, Telcoin on Wednesday confirmed partnerships with mobile money platforms MTN (MTN Money) and Airtel (Airtel Money) among more than a dozen others. This week, Telcoin’s latest mobile app update extended the company’s digital money transfer service from Canada to 23 new mobile money platforms in 16 countries, including El Salvador.

El Salvador has just become the first country to approve Bitcoin as legal tender.

As for Telcoin, the blockchain-based fintech innovator focused on banking for the unbanked, the company plans to move its headquarters from California to Nebraska.

The impetus for the movement is the passage in May 2021 of legislation drafted and presented to the Nebraska State Legislature by Telcoin with the support of State Senator Mike Flood.

“In an effort to bring the State of Nebraska to the forefront of innovation in national financial regulation, Governor Pete Ricketts today enacted Bill 649, also known as Nebraska Financial Innovation Act, â€explained a May 26 press release, further noting that Telcoin“ seeks to bring its own digital asset-backed financial services to US consumers in a compliance-driven manner. â€

“Basically, this new charter represents a type of alternative bank that does not have the right to lend your money to someone else,†explains Neuner. “Institutions under this new charter will use blockchain technology to enable users to self-guard digital assets and use their money for their own benefit.”

Telcoin has pledged to launch its long-awaited V3 app in beta by the end of June, in addition to opening key money transfer corridors in the United States, Singapore and Australia. Despite the hype around these developments expected in just a few days, some members of the Telcoin community are saying on Telegram tonight that they will start contacting the bank at the center of the rumor to verify or invalidate the speculation.

Telcoin is currently ranked the 58th largest cryptocurrency in the world by CoinMarketCap.