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.

ChainCatcher news, according to CNBC, Coinbase has registered as a restricted dealer under the Canadian Securities Administrators (CSA) in Ontario, Canada, allowing the company to further expand into overseas markets amid regulatory pressure in the U.S. domestic market.Last year, Canada introduced new guidelines for cryptocurrency exchanges, limiting the amount certain investors can invest in cryptocurrencies and imposing mandatory registration for cryptocurrency companies.It is reported that Coinbase is the first international cryptocurrency trading platform to accept restricted dealer registration in Canada.

ChainCatcher news, AntChain's new Web3 brand Zan was officially launched at the Shanghai Bund Conference. This brand provides Web3-oriented technology solutions for the Hong Kong and overseas markets, focusing particularly on security and compliance technology products. Former AntChain CTO Zhang Hui serves as the CEO of ZAN.Zhang Hui introduced that ZAN offers a rich array of technical services to compliance institutions and innovative companies in Hong Kong and overseas markets, supporting Web3 innovative businesses with full-stack secure and trustworthy technology products and comprehensive solutions, aiding in the innovation of Web3 applications and the large-scale development of the industry.It is understood that ZAN inherits the blockchain technology capabilities accumulated by AntChain over the years, relying on the open-source technology matrix AntChain TrustBase built by AntChain OpenLabs. AntChain TrustBase is based on AntChain's open-source technology system, integrating multiple technological achievements from AntChain, including the widely concerned wide-area consensus algorithm, zero-knowledge proof (ZKP), fully homomorphic encryption (FHE), and other fields.As a next-generation internet technology, Web3 has become a focal point of attention both domestically and internationally in recent years due to its disruptive transformative power for industries. Regions like Hong Kong and Singapore are vigorously embracing Web3. Earlier this year, the Hong Kong SAR government proposed the goal of making Hong Kong an international digital asset center and launched a series of policies. Subsequently, technology companies including Alibaba Cloud, Tencent Cloud, and Huawei Cloud have released Web3-related products and services aimed at the Hong Kong and overseas markets, seizing market opportunities.

According to ChainCatcher news, as reported by Jiemian News citing informed sources, Ant Chain will launch a new Web3 brand at the upcoming Bund Conference, which will provide Web3 technology solutions for the Hong Kong and overseas markets, focusing on security and compliance technology products.