Published on June 11th, 2018 | by bitcoin0
Public Japanese Companies Coming into the Crypto Space
Following reports of six publicly listed companies launching their own cryptocurrency exchanges in Japan, three other firms listed on the Tokyo Stock Exchange have announced plans to enter the space with various crypto offerings.
Japan Confirms Entrance Into the Crypto Space
Publicly traded companies in Japan are increasingly seeking to enter the crypto space to offer various crypto-related services.
News.Bitcoin.com recently reported that six public companies are planning to launch their own cryptocurrency exchanges including Money Forward, which operates one of Japan’s most popular personal finance apps.
An additional three companies have also announced their plans to enter the space with different product offerings.
In its core business, the firm “invests in listed companies using the method called PIPE (private investment in public equity) investment,” its website describes.