Japan’s Monex Group to Develop Native Blockchain, Plans for an ICO

[kreslik.news]

Japanese online trading giant Monex Group has revealed that the firm is planning to develop a proprietary blockchain and considering the feasibility of a fundraising round via initial coin offering (ICO), reported CoinDesk.

The prospect of the company was revealed in a latest financial filling which was dated April 26. However, only the Japanese unit of the firm, which also has a presence in the United States and Asia-Pacific, will initiate the blockchain development process.

The fillings stated: “Japan segment will use blockchain technology with the aim of executing all the trading of financial products and every financial transaction in ... (read more)