Two Japanese companies listed on the Tokyo Stock Exchange have recently expanded their cryptocurrency operations into South Korea. One has partnered with a local company to launch a bitcoin exchange with a plan to add merchant services. The other held an ICO to develop a crypto exchange after launching a mobile game which allows users to earn bitcoin.
Remixpoint Inc (3825.T), which operates the bitcoin exchange Bitpoint in Japan, recently launched a cryptocurrency exchange in South Korea called Bitpoint Korea.
Headquartered in Tokyo, Metaps Inc (6172.T) is an app monetization platform which uses artificial intelligence and big data to maximize app revenue and optimize campaign performance. Its Korean subsidiary, Metapsplus Inc, develops mobile advertisement platforms. The subsidiary raised approximately 1.1 billion yen in a token sale last month to develop and operate a cryptocurrency exchange called Coinroom, which it recently beta-launched.
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