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Japanese Companies to launch new Crypto exchange

Here is a list of new cryptocurrency exchanges by various companies. They have revealed their plans to Tokyo Stock Exchange of starting and entering crypto exchange business.

Here is a list of new crypto exchanges:

Money Forward: (Intro by

Budget-managing app operator Money Forward Inc (TYO: 3994) made two crypto-related announcements this week. Launched in 2012, the company “has grown rapidly to become one of the hottest financial technology startups, with its namesake application now boasting 5.5 million users,” the Japan Times described. The company announced on Wednesday the establishment of a wholly-owned subsidiary


Drecom: (Intro by

Drecom Co. Ltd. (TYO: 3793) engages in the development and marketing of entertainment content for mobile and PC. The company announced on Wednesday partial amendments to its Articles of Incorporation, adding a number of businesses it plans to start including crypto businesses. The amendments will be presented to shareholders at the next annual meeting.

Yamane Medical Corporation: (Intro by

Yamane Medical Corporation (TYO: 2144) operates in the nursing and personal care sector. The company “operates a home care center for elderly people under the Nagoya Residence name in Japan. The company’s care center offers off-site, accommodation, housing services, etc., as well as safety confirmation and lifestyle consultation, on-site day, emergency response, and medical services,” Bloomberg describes.

Adways: (Intro by

Adways Inc (TYO: 2489) is a Tokyo-based global mobile app marketing company whose main business includes an ad agency, an ad network and a third party tracking tool.

Avex: (Intro by

Avex Inc (TYO: 7860) is an entertainment conglomerate and one of the largest music labels in Japan. The company was founded by Max Matsuura, Japanese talent manager, record producer, songwriter, and radio personality. Avex manages J-pop talents such as Ayumi Hamasaki and internet sensation Pikotaro. The company has also expanded into other business areas such as anime, video games, and live music events.

Daiwa Securities Group: (Intro by

One of Japan’s largest securities brokerage firms, Daiwa Securities Group (TYO: 8601), also hinted at the possibility of entering the cryptocurrency space in the future. President and CEO Seiji Nakada told Sankei newspaper this week that, regarding cryptocurrency, “there is enough possibility of becoming a highly useful platform if conditions such as legal maintenance are in place.” While noting that the price movements of cryptocurrencies “are unstable and subject to speculation,”


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