BitFury expands in Japan

BitFury Group opens representative office in Japan
27 September 2017   1610

The world’s leading full-service blockchain technology company, BitFury Group, announces the opening of a new office in Japan.

As reported, a Tokyo office is to be led by veteran finance and technology expert Katsunori Aonuma.

Japan is an extraordinarily innovative place and a crucial area of growth for Blockchain technology. We look forward to building new customer relationships and designing the products they need to make their enterprises run more securely and efficiently.
 

Valery Vavilov
CEO of The BitFury Group

Aonuma brings 13 years of experience to BitFury in finance, focusing on technology and media in investment banking, private equity and venture capital. The man claims that he is “thrilled to play a key role leading BitFury’s business growth in Japan”. As the foundational full-service Blockchain company, BitFury will become a huge advocate in Japan.

Bakkt to Release Consumer App This Year

The app can be used for a wide range of tasks, e.g., crypto and securities trading, virtual goods purchase, etc
23 January 2020   66

Institutional Investor Platform Bakkt will release an app for retail investors this year, with which users can pay with cryptocurrency.

According to the president of Bakkt Adam White at the World Economic Forum in Davos, the application can be used for a wide range of tasks. In addition to trading cryptocurrencies, it will support various virtual “goods” like points of loyalty programs.

In addition, in the future it is possible to add securities trading, as well as the creation of a portal for shops and merchants. That is, the application will be more like a traditional fintech product like PayPal than a solution from a cryptocurrency exchange.

Although the Bakkt platform was originally created for institutional investors, the new director of Mike Blandina is very serious about entering the retail market. Earlier, he said that the application for retail investors should be released in the first half of 2020.

I do not think we are there yet. What gives me optimism is that we are seeing a lot of developer interest. I am confident that someone is going to find something.

 

Adam White

President of Bakkt

 White added that the cryptocurrency market is still underdeveloped.