Japanese crypto exchange DeCurret issues $ 25 million in new shares for capital restructuring

The Japanese cryptocurrency exchange DeCurret announced the issuance of about 25 million US dollars of new shares, which will be distributed in a third-party manner for capital restructuring. The company said it plans to use the funds raised to enhance existing virtual currency trading services and expand digital currency and settlement services. Lianwen previously reported that the Japanese Financial Services Agency (FSA) announced at the end of March this year that it will issue operating licenses to two cryptocurrency exchanges, Rakuten Wallet and DeCurret. DeCurret will provide four cryptocurrency spot trading services on April 16, and its shareholders include Mitsubishi UFJ Bank, Nomura Holdings, Internet company IIJ, Daiwa Securities, and First Life Insurance.