Partager cet article

Japan's TechBureau Raises $6.5 Million for Bitcoin and Blockchain Services

A Japanese blockchain startup has reportedly raised $6.5m in a new Series A funding round.

Mise à jour 11 sept. 2021, 12:16 p.m. Publié 13 mai 2016, 3:05 p.m. Traduit par IA
mijin, zaif

A Japanese blockchain startup has raised ¥720m (or just over $6.5m) in a new Series A funding round.

TechBureau, which operates a bitcoin exchange called Zaif and a permissioned blockchain platform named Mijin, netted the investment from a group of investors. Participants in the round included Arara, a financial services firm; online information portal OKWAVE; VC firms Nippon Technology Venture Partners and Hiroshima Venture Capital; and FISCO, a corporate analysis firm.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters

The round also included an existing investor, Money Partners Group, a forex broker that invested in the startup last month.

According to the announcement, the startup will use the capital to hire additional employees. TechBureau also intends to develop blockchain applications in partnership with its investors.

Advertisement

TechBureau CEO Takao Asayama said that the funding follows a successful test conducted with Nomura Research Institute (NRI) and SBI Holdings, a Japanese firm that has made a number of investments in the country's digital currency and blockchain space in recent months.

Future plans, he said, include a merging of the Zaif and Mijin business lines, as well as expanding geographically.

Asayama told CoinDesk:

"We [aim to] start working on similar alliances outside of Japan, getting ready for the launch of distributions."

The investment comes amid a shifting landscape in Japan for bitcoin and blockchain. As the government looks to clarify its position on digital currencies – including a move to classify them as a form of "asset-like value" – some aspects of the administration have begun exploring applications of the technology as well.

Image via Mijin

Більше для вас

Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

Що варто знати:

  • Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
  • Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
  • Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.