Tag: Japan

Japan Lawmakers to Propose Digital Currency as Counter to China’s Digital Yuan
Blockchain

Japan Lawmakers to Propose Digital Currency as Counter to China’s Digital Yuan

According to a report dated January 24th, 2020, members of the Japanese parliament are developing a proposal for a Japanese National Digital Currency. One lawmaker said the proposal is an attempt to counter China’s soon-to-be released digital yuan. Others claim China and Japan have entirely separate motivations for developing a digital currency. Japan’s Potential National…

Brokerage Firm Tokai Tokyo Invests $4.6 Million in Huobi Japan
Blockchain

Brokerage Firm Tokai Tokyo Invests $4.6 Million in Huobi Japan

On December 26th, 2019, Huobi’s Japan-based subsidiary, Huobi Japan, announced a $4.6 million investment from Tokai Tokyo Financial Holdings. The funds will support a continued expansion to promote new businesses across the digital asset space. Tokai Tokyo Invests in Huobi Japan — Explained Tokai Tokyo Financial Holdings is one of Japan’s oldest securities firms. The…

Japan Joins Asian Security Token Market Through iSTOX
Technology

Japan Joins Asian Security Token Market Through iSTOX

On November 14th 2019, Japan-based firm Tokai Tokyo Financial Holdings announced an investment in developing security token platform iSTOX. The investment is anticipated to result in a higher rate of security token adoption in Japan and could even lead to Japan’s own security token exchange in the future. Details Concerning Tokai Tokyo’s Investment in iSTOX…

Tokyo Real Estate to be Tokenized Before 2020 Olympics
Blockchain

Tokyo Real Estate to be Tokenized Before 2020 Olympics

On October 20th 2019, Tokyo-based Lead Real Estate announced plans to fund several real estate projects via tokenized offerings prior to the upcoming Olympic games in Japan. The company will leverage technology provider Securitize to tokenize both condominiums and hotels. Lead Real Estate and Securitize in Japan Explained Lead Real Estate has developed real estate…