Bakkt to buy 30% of Japan’s Marusho Hotta, rebrand it bitcoin.jp
Bakkt is acquiring a 30% stake in Japanese yarn maker Marusho Hotta as part of its pivot to crypto treasury services, with plans to rebrand the firm as bitcoin.jp.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bakkt is acquiring a 30% stake in Japanese yarn maker Marusho Hotta as part of its pivot to crypto treasury services, with plans to rebrand the firm as bitcoin.jp.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
SBI partners with Doppler to enhance institutional XRP adoption in Japan
SBI's partnership with Doppler could significantly boost institutional trust and adoption of blockchain solutions in Japan's finan...
SBI Holdings Taps Solana to Build Japan’s Institutional On-Chain Finance Market
SBI Holdings has entered into a strategic partnership with the Solana Foundation to build an on-chain financial market for real-wo...
SBI Holdings and Solana Foundation Partner to Launch Japan’s On-Chain Financial Markets
The joint initiative will seek to leverage the speed and efficiency of Solana’s network to serve as a bridge between the domestic...
Coinbase CEO admits content coins were a mistake
Coinbase CEO Brian Armstrong has admitted that his company “messed up” when it shifted its focus to content coins and prioritised...
Kraken API Partner Program: xStocks, the asset class your users are already asking for
TL;DR xStocks are tokenized U.S. equities, backed 1:1 by the underlying stock, available to partners through Kraken’s existing spo...
Convenience Store Giant Lawson Tests JPYC Stablecoin Payments in Japan’s First POS Retail Pilot
Lawson plans to pilot JPYC stablecoin payments at a Tokyo convenience store in August, marking what it says is Japan’s first POS-l...