Tokyo News

The fresh debt draw shows how Metaplanet is using both debt and preferred equity to accelerate Bitcoin purchases and income-generation strategies.

Metaplanet has outperformed the Topix Core 30 index year-to-date, a benchmark tracking corporate giants like Toyota, Sony and Mitsubishi.

Metaplanet’s stock has jumped 480% since it unveiled its Bitcoin strategy in April, but the firm is down 13% on its investment.

Metaplanet’s share price spiked 22% in the first 30-minutes on the Tokyo Stock Exchange following the news on July 16.

Once blockchain games can offer a similar experience to League of Legends or Fortnite they will become more popular, argues Blowfish Studios’ Luke Sillay.

The project has been launched to address the lack of skilled personnel working on rapidly evolving technologies in Japan.

Japanese investors are advised to look out for fraudulent companies replicating the JPX brand names, logos and URLs to offer crypto trading.

But it remains unclear where KuCoin is actually headquartered.

Another action-packed week for crypto in Japan has passed.

SBI Holdings started a joint venture fund with Redstone Digital, BitFlyer exchange aired a commercial, and more headlined news from Japan this past week.

GMO Coin unveiled BAT lending, Japan's stay at home order affected crypto businesses, and more headlined news from Japan this past week.

Australian energy tech firm Power Ledger to run blockchain-enabled energy trading trial in Japan’s Kanto region by December 2019.

Bakkt, the cryptocurrency platform owned by the Intercontinental Exchange, announced that they are hiring.