Blockstream Opens New Office in Tokyo

CoinRank News: Bitcoin technology company Blockstream announced the opening of a new office in Tokyo and reached a cooperation with Diamond Hands, a leading Japanese Bitcoin strategic consulting firm, and Fulgur Ventures, an investment company. The company plans to promote the adoption of Bitcoin Layer2 and self-custody technology in the Japanese market and support the tokenization of physical assets. Blockstreams investment department has previously invested $75 million in Bitcoin in Komainu, a crypto custody company jointly established by Nomura Securities, Ledger and Coinshares. CEO Adam Back said that the clarification of Japans regulatory environment and the increase in institutional investment interest are the best time for the company to enter this important market. (Coindesk)