Web3.0

Kaika Exchange's Web 3.0 strategy leveraging Japan's strengths│Interview with Hideki Ikeda

2023/05/29Editors of Iolite
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カイカエクスチェンジが仕掛ける日本の強みを活かしたWeb3.0戦略│池田英樹インタビュー

Japan has ample opportunity to lead the world in the Web 3.0 domain.

Currently, activity in the Web 3.0 space by CAICA DIGITAL, which is at the forefront of the digital finance sector, is more active than ever. Its subsidiary CAICA Financial Holdings launched Zaif INO, an NFT marketplace specialising in blockchain games, in November last year.

Zaif INO is a marketplace specialising in primary sales and provides users with high-quality NFTs by setting its own screening criteria for projects. Kaika Exchange, which operates the crypto asset exchange Zaif, has also seen a number of partnerships with domestic Web 3.0 companies since the end of last year.

Zaif is well known as a crypto asset exchange that allows trading of relatively rare stocks in Japan, including Kaika Coin (CICC). Kaika Exchange was established in 2016 and is still used by many users as a crypto asset exchange with a long history in the country.

The background to CAICA DIGITAL's declaration in October last year that the entire group would be entering the Web 3.0 business was the presence of GameFi, which could become a major movement: it is still fresh in our minds that STEPN, which took the world by storm in 2022, attracted a great deal of attention.

Japan is home to numerous IPs that are loved around the world. Games originating from Japan are also highly popular. In addition to these unique strengths, Japan is currently attracting increasing attention from the market as a country with the potential to lead the Web 3.0 movement, driven by the trend of regulations being tightened around the world.

The existence of cryptographic assets is inseparable from the promotion of Web 3.0. We therefore spoke to Hideki Ikeda, a key player in Zaif, one of CAICA DIGITAL's key businesses.

Mr Ikeda has been involved in numerous projects at leading companies in the Japanese financial industry. Having also worked as a director in charge of systems in blockchain businesses and crypto asset exchanges, what does Mr Ikeda think of Zaif's prospects and Web 3.0 in Japan?

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