Blockstream and Digital Garage joined forces

Two blockchain-related companies expand partnership with to accelerate blockchain cryptocurrency deployments in Japan
21 November 2017   747

The Blockstream team announced the expansion of cooperation with DG Lab, within the framework of which it is planned to accelerate the implementation of block-technologies based on the Elements platform in Japan.

One of Japan's largest inter-dealer brokers The Tokyo Tanshi will join the cooperation in this field. The companies are working on several innovative projects, including the issuance and circulation of local currencies with the help of block-technologies and over-the-counter.

We have spent significant time over the past two years researching and experimenting with various cryptocurrency and blockchain technologies. While there are many interesting initiatives underway, we have been the most impressed with the maturity and potential of the Elements Blockchain Platform. We believe working with DG Lab and Blockstream presents many exciting new capabilities for the next 100 years of our company.
 

Yuichiro Yanagida 

President, The Tokyo Tanshi

Blockstream also received additional investment from the DG Lab Fund, after which the company's total financing exceeded $ 80 million.

In Japan, there is a rapidly growing interest in Bitcoin and blockchain technology. In the future, it will be vital for us to develop financial applications using blockchains and technological platforms that lead innovations in the industry. We believe that Blockstream’s blockchain platform, Elements, with its excellent security and reliability, is the exact technology we need. With our strong partnership with Blockstream, we are excited about accelerating the development of technologies to build a social infrastructure that will allow digital assets as well as bitcoins to circulate safely and efficiently. DG will also help Blockstream enter the Japanese market. We are looking forward to creating synergy in a variety of areas.
 

Kaoru Hayashi

Representative Director, President Executive Officer and Group CEO, DG

We are looking forward for the results of above mentioned cooperation. 

Coinbase to Expand Services for Asia

Among the services available now there are Coinbase Prime, Pro and Custody
22 January 2019   120

Coinbase, the leading US cryptocurrency company reported that from now on its professional trading and custodial platforms are available to institutional clients and investors with large volumes from the Asian region.

In particular, according to the Coinbase blog, users of Asia will have access to the option of depositing accounts and withdrawing funds using SWIFT transfers through non-US bank accounts.

In the past 12 months, hundreds of crypto-first hedge funds have launched around the world, and many hundreds more traditional institutions such as proprietary trading firms, family offices and endowments have begun actively trading digital assets. Coinbase’s suite of professional products — Coinbase Prime and Pro, Coinbase Custody — serves these customers, along with other participants in the market, like asset issuers, crypto exchanges, and miners.
 

Elliott Suthers

Coinbase

Among the services available there are Coinbase Prime, Coinbase Pro and Coinbase Custody, which also supports the steamer USDC.

In December 2018, Coinbase began to provide services to residents of the islands of Guernsey and Maine, as well as Lithuania, Iceland, Andorra and Gibraltar.