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bitFlyer Japan’s Assets Under Custody Reach Highest Level in Two Years

Amy Liu

Summary: Crypto exchange bitFlyer Japan announced that its assets under custody exceeded 161.8 billion yen ($1.5 billion) in August, the highest level in two years. According to the announcement, the rise in bitcoin price and the exchange listing four new crypto assets at the end of last year led to the increase in assets under custody, ...

Crypto exchange bitFlyer Japan announced that its assets under custody exceeded 161.8 billion yen ($1.5 billion) in August, the highest level in two years.

According to the announcement, the rise in bitcoin price and the exchange listing four new crypto assets at the end of last year led to the increase in assets under custody, or the total value of financial assets the firm manages for its clients.

In the period from December 2019 through now, bitFlyer Japan listed XRP (XRP), Basic Attention Token (BAT), Stellar Lumen (XLM) and Nem (XEM) on its exchange.

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