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Bitcoin

Japan Bitcoin Industry raises ¥800 million in BTC to build Lightning payments

Image: Cryptopolitan

Japan Bitcoin Industry has said that it will raise over 800 million yen by selling shares. The company intends to accept payment for its shares in Bitcoin only. The money from the share sale, as well as a deal with ALC, aims to help Japanese sellers, such as those in anime, games, and adult content, get paid by overseas customers without relying on international card brands. How much is Japan Bitcoin Industry selling its shares for? Japan Bitcoin Industry has said that it will be issuing new shares to two investors: Fulgur, the Japanese arm of US venture firm Fulgur Ventures, and ANAP Lightning Capital (ALC), a subsidiary of Tokyo-listed ANAP Holdings (TSE Standard: 3189), for 800,043,580 yen.

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