Merchant Bankers Purchases Bitcoin, Enters Cryptocurrency Real Estate Payments

Merchant Bankers Co., Ltd. (hereafter referred to as Merchant Bankers) announced on the 30th that, based on a board resolution, it has purchased Bitcoin using 300 million yen of its own funds, equivalent to approximately 17.6 BTC, with the acquisition price per BTC being around 17 million yen. Concurrently, Merchant Bankers has revealed its strategy to collaborate with FINX JCrypto, a cryptocurrency exchange operator managing 'Coin Estate', in providing payment services for real estate transactions using Bitcoin. Merchant Bankers aims to leverage the expertise of FINX JCrypto in real estate transactions and cryptocurrency payments to enhance its own...