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Mitsubishi, Banking & Telecom Giants Invest USD 62M in DeCurret
Summary: The Tokyo-based company will use the money to create a new “digital currency” platform and a smartphone, reported Nikkei and TechCrunch Japan. The Japanese crypto exchange DeCurret has received a major boost with leading banks, conglomerates such as Mitsubishi and others participating in USD 62 million funding round for the fast-growing platform. Joining was a ...
The Tokyo-based company will use the money to create a new “digital currency” platform and a smartphone, reported Nikkei and TechCrunch Japan. The Japanese crypto exchange DeCurret has received a major boost with leading banks, conglomerates such as Mitsubishi and others participating in USD 62 million funding round for the fast-growing platform. Joining was a veritable who’s-who of high-level Japanese businesses, including the telecoms giants KDDI and the Nippon Telegraph and Telephone (NTT), as well as the banks Sumitomo Mitsui Banking Corporation, Mitsubishi UFJ Bank and the Japan Post Bank. The security firms Sohgo Security Services (ALSOK) and Secom also took part, as did the monolithic Mitsubishi Corporation. DeCurret did not reveal how much each company had invested, not how many shares had been allotted in each case.
Tags: DeCurret,Mitsubishi
Link: Mitsubishi, Banking & Telecom Giants Invest USD 62M in DeCurret [Copy]
