BitFlyer Successfully Completes Acquisition Of FTX Japan!

BitFlyer Holdings, Inc. has announced the successful completion of its acquisition of FTX Japan, marking a significant development in the Japanese cryptocurrency market. As part of the transition, FTX Japan is set to undergo a name change by August 26th. BitFlyer Holdings plans to launch a new cryptocurrency custody business under its umbrella, with the newly acquired company at its core. This new venture aims to provide institutional investors with cryptocurrency custody services featuring advanced security measures. BitFlyer is also positioning itself for future market developments, particularly in the realm of cryptocurrency spot ETFs.