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Japan’s Nomura Holdings Invests in Line’s LVC to Build Blockchain-based Financial Services

Japan’s oldest brokerage firm has established a blockchain-related partnership with the operator of the nation’s most widely-used messenger service. According to the October 4 announcement, Nomura Holdings, the parent company of Nomura Securities, revealed it has invested in LVC, a subsidiary of South Korea’s Line, following an agreement finalized on September 24. The terms of...
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Messaging giant LINE gets license to operate cryptocurrency exchange in Japan

Japan’s financial regulator has reportedly given messaging giant LINE a licence to operate the cryptocurrency exchange, BitMAX, through LVC Corporation, the digital asset and blockchain-focused arm of the Japanese company. The exchange will allow users to trade Bitcoin, Ether, Litecoin, XRP and Bitcoin Cash. LINE will be re-using much of the back-end infrastructure from the...
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