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Japan-based bitcoin exchange bitFlyer has raised another ¥3 billion in funding on Tuesday through third-party allocation of shares – the largest round of fundraising by any fintech startup in Japan ever. The firm says that the funds raised will enable the acceleration of its cryptocurrency blockchain and services.
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This latest injection of capital (worth almost $28 million), in addition to the $6.5 million it raised last year, makes bitFlyer the second largest bitcoin exchange in the world by current valuation. It reports that the ... (read more)