Blockstream, the crypto company founded by the legendary Bitcoin (BTC) developer Adam Back, has expanded its global existence in the opening of a new office in Tokyo, the company said in a press release on Wednesday.
The company will work with the region with Diamond’s hands, Japan’s leading bitcoin strategic consultancy, and investment firm Fulgur Ventures.
Blockstream plans to drive bitcoin adoption Layer-2 and self -careing technologies in Japan, the company said, as well as the Tokenization of Real World Assets (RWA).
Japanese corporations have shown an increase in interest in the world’s largest cryptocurrency. The metaplanet (3350), the investor in the hotel, recently announced the Largest increasing capital In the history of the Asian equity market to buy Bitcoin.
Blockstream is looking to support local businesses who want to participate in the Bitcoin economy, and can offer Treasury, payment infrastructure, and careful solutions, the company said.
“With increasing regulatory clarity and increasing institutional interest in Bitcoin today is the moment for the blockstream to establish a direct presence in Japan, one of our most important markets,” said Adam Back, co-founder and Blockstream CEO .
“We expect empowering Japanese businesses and individuals to fully use Bitcoin as a foundation for a future financially safe, measured and decentralized,” Back added.
Blockstream Capital, the business investment arm, recently invested $ 75 million in Bitcoin in Cominu, an adventure in caution of crypto between Nomura, Ledger and Coinshares.
Read more: Nomura receives that Commainu supports Bitcoin’s $ 75M investment from Blockstream Capital
