4 months ago
Blockstream, the crypto institution co-founded by legendary bitcoin (BTC) developer Adam Back, is expanding its planetary beingness with the opening of a caller bureau successful Tokyo, the institution said successful a property merchandise connected Wednesday.
The institution volition beryllium partnering successful the portion with Diamond Hands, Japan's starring Bitcoin strategical consultancy, and concern steadfast Fulgur Ventures.
Blockstream plans to thrust adoption of Bitcoin Layer-2 and aforesaid custody technologies successful Japan, the institution said, arsenic good arsenic the tokenization of existent satellite assets (RWA).
Japanese corporates person shown accrued involvement successful the world's largest cryptocurrency. Metaplanet (3350), the edifice investor, precocious announced the largest superior raise successful Asian equity marketplace past to bargain bitcoin.
Blockstream is looking to enactment section businesses that privation to enactment successful the bitcoin economy, and tin connection treasury, payments infrastructure, and custody solutions, the institution said.
"With accrued regulatory clarity and rising organization involvement successful bitcoin present is the infinitesimal for Blockstream to found a nonstop beingness successful Japan, 1 of our astir important markets," said Adam Back, co-founder and CEO of Blockstream.
"We look guardant to empowering Japanese enterprises and individuals to afloat harness Bitcoin arsenic the instauration for a fiscal aboriginal that's secure, scalable and decentralized," Back added.
Blockstream Capital, the concern limb of the business, precocious invested $75 cardinal successful bitcoin successful Komainu, a crypto custody associated task betwixt Nomura, Ledger and Coinshares.
Read more: Nomura-Backed Komainu Receives $75M Bitcoin Investment From Blockstream Capital
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