Convano, operator of eyelash extension salons among other ventures, announced on August 13 that it had completed the sale of its cryptocurrency holdings as of August 10. The sale included all cryptocurrencies held by the group, except for those allocated for shareholder perks and those provided as collateral.
The company will continue to hold the cryptocurrencies allocated for shareholder perks. The handling of cryptocurrencies provided as collateral will be addressed separately depending on future circumstances.
The loss incurred from this transaction amounted to approximately 298 million yen...