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The Japanese financial giant SBI Holdings Inc. and internet corporation GMO Internet Group will mine the number one crypto. To mine Bitcoin, SBI and GMO will rent capacity of the world’s leading mining farm based in Rockdale, Texas. As Bloomberg has reported, the companies have agreed with Whinstone Inc., a
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Japanese financial services firm Tokai Tokyo Financial Holdings will invest about 500 million yen (nearly $4.6 million) in the Japanese branch of cryptocurrency exchange Huobi.According to a press release on Dec. 26, the investment is part of a broader collaboration with Huobi Japan, wherein Tokai will acquire shares in
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JPMorgan Chase, one of the largest global banking corporations based in the United States, has reached worldwide influence with its blockchain-powered Interbank Information Network, a service that allows banks to share information fast and easily.The Director of Financial Sales Corporation Daizaburo Arai, based in the Tokyo branch of the company,
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Japanese financial services giant SBI Holdings is considering to pay shareholder dividends in the form of XRP tokens, following the same practice by its subsidiary MorningStar.After MorningStar started offering its shareholders dividends in XRP earlier this year, SBI CEO Yoshitaka Kitao revealed that the company is now considering to
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Securitize intends to build out its new Japan office after a cash injection from SBI Holdings. Source
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Japanese messaging app Line has entered into a final agreement with financial giant Nomura Holdings to form a blockchain alliance.Focus on blockchain technologyOn Oct. 4, Line, together with Line Group company LVC Corporation and Nomura Holdings, announced that the three companies have signed the final capital alliance agreement, which
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Leading Japanese companies are forming a regulatory association for security token offerings (STO).On Sept. 30, the Nikkei Asian Review reported that firms such as SBI Securities, Nomura Securities, Monex Group and Daiwa Securities Group are part of the STO association that will propose a new set of rules and
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Japanese messaging giant Line launched its new crypto trading platform Bitmax on Sept. 17, CryptoX Japan reports.FSA approval receivedFollowing regulatory approval to operate a crypto exchange in early September, Line’s blockchain arm LVC Corporation officially introduced its newly launched crypto platform today.In accordance with previous announcement, Bitmax will initially
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Blockchain startup Blockstack PBC has received strategic investment from Japanese human resources giant Recruit Holdings.U.S. startups look for Japanese partnershipsThe Block reported the startup’s new funding on Aug. 22. As part of the investment deal, Recruit, which is currently valued at $50 billion USD, is purchasing Blockstack’s STACK tokens. Blockstack
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