Bitcoin fell nearly 15 percent against the yen on the bitFlyer exchange in Tokyo, outpacing dollar-denominated losses. The decline was influenced by a sharp appreciation of the yen as a result of Japan's 0.25 percent interest rate hike. The yen has rallied nearly 10 percent against the dollar over the past three weeks, triggering carry trade positions squaring, leading to a sell-off of risky assets, including bitcoin, and market volatility. Trading volume on the bitFlyer exchange surged 241 perc...
Japanese exchange BitFlyer announced that it has completed the acquisition of 100% of FTX Japan's outstanding shares, making FTX Japan a wholly owned subsidiary. FTX Japan will develop a new cryptocurrency custody business under bitFlyer Holdings. In addition, BitFlyer also said that in the future, once the Japanese legal system is in place, it plans to provide services related to cryptoasset spot ETFs.
Crypto exchange BitFlyer is acquiring FTX Japan, FTX's Japanese subsidiary, in a deal estimated to be worth billions of yen. It will acquire its entire stake and make it a wholly owned subsidiary. After the acquisition, FTX Japan's core business will shift to asset management (custody) for institutional investors holding virtual currencies.
加密资产交易所BitFlyer将收购FTX 的日本子公司FTX Japan, 此次收购估计价值数十亿日元,将收购其全部股份,使其成为一家全资子公司。 收购完成后,FTX日本公司的核心业务将转向面向持有虚拟货币的机构投资者的资产管理(托管)业务。