Japanese cryptocurrency exchange Bitbank establishes overseas investment subsidiary Bitbank Ventures

2024-11-12 10:45:54

Collection

ChainCatcher news, according to Cryptonews, Japanese cryptocurrency exchange Bitbank has announced the establishment of a wholly-owned subsidiary, Bitbank Ventures, focusing on investments in overseas blockchain companies. This subsidiary will concentrate on blockchain projects from seed rounds to Series A, while also providing support for international companies entering the Japanese market.

Bitbank's business development director Jun Kuwahara stated that over the past three years, the company has invested in the Web3.0 startup accelerator Next Web Capital and the crypto project Oasys. Shifting to a corporate venture capital model will accelerate the investment decision-making process and enhance investment capabilities. The new subsidiary will focus on investments in Layer 1, Layer 2 infrastructure, as well as AI, gaming, and Web3 projects.

(Source Link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.

2024-09-19 20:49

Japanese cryptocurrency exchange Bitbank is preparing for an IPO, pending approval from relevant authorities.

2024-07-31 17:46

Bitbank analyst: It is expected that the Mt. Gox compensation will have a minimal impact on the market, as its effects have been overly digested by the market.

2024-07-08 20:16

Bitbank will transfer the Mt. Gox Bitcoin compensation within hours, and creditors do not need to wait 14 days.

2024-07-05 18:06

Mention the project

Bitbank Cryptocurrency Exchange