Blockchains.com founder acquires Nevada Small Community Bank

Jeffrey Berns, founder of Blockchains.com, a blockchain incubator and investment company, bought a small community bank in Las Vegas, Nevada, for $28 million to secure financing. He is worried that the banking industry will cut his funding. Berns also hopes that the acquisition of Kirkwood Bank will become the leading bank in the blockchain industry. Berns has previously announced the construction of a Reno-sized blockchain smart city and e-sports in the desert of Nevada.