BitFlyer Acquires FTX Japan, Explores Cryptocurrency ETF Services
Publication Time:2024-07-26 17:31:06
Japanese exchange BitFlyer has announced the completion of its acquisition of 100% of FTX Japan’s circulating shares, integrating FTX Japan into its fold as part of the bitFlyer Holdings group. This acquisition aims to jointly develop new cryptocurrency custody services and strengthen their collaboration in the cryptocurrency sector. Furthermore, BitFlyer stated that it will actively explore providing services related to cryptocurrency spot ETFs once Japanese regulatory frameworks permit, further diversifying its offerings to meet investor demands. This move not only reflects BitFlyer’s ongoing expansion strategy in the cryptocurrency market but also demonstrates its commitment to driving growth in the Japanese and global cryptocurrency asset markets.
BitFlyer
FTX Japan
cryptocurrency ETF