bitbank, inc. a crypto asset exchange operator, closed a funding round of 7.5 billion JPY from mixi, Inc. and CERES INC.

We announce that bitbank, inc. (HQ: Shinagawa, Tokyo, Japan CEO: Noriyuki Hirosue; hereinafter referred to as the Company) concluded a capital and business alliance agreement with mixi, Inc. (HQ: Shibuya, Tokyo, Japan, CEO: Koki Kimura, hereinafter referred to as mixi).

The Company closed a funding round of 7.5 billion JPY…

Asian gaming firm Nexon has purchased 1,717 bitcoins for approximately $100 million. Nexon was the first company invested in crypto assets among companies listed in the first section of the Tokyo Stock Exchange.

Will Nexon be a trigger for other large Japanese institutional investors to enter the crypto asset market…

By Yuya Hasegawa, a Market Analyst at bitbank, inc..

February Review

  • So many positive developments for crypto in February
  • Inflation concerns are rising in the market
Fig. 1: BTC/JPY Monthly Candlestick Chart

What a month! Bitcoin just printed the biggest monthly candlestick ever, ranging from ¥3.38m to ¥6.15m (low to high). February was yet another wild…


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