DeCurret.Inc

NEWS

Obtains Funds to increase its Capital through a Private Placement worth 3.4 billion yen

2019.07.11

DeCurret, a “Main Bank of Digital Currency,” obtains Funds to increase its Capital through a Private Placement worth 3.4 billion yen

Accelerating Digital Currency Business by expanding Partner Relationship

 

DeCurret Inc. (Head office: Chiyoda-ku, Tokyo; President & Representative Director: Kazuhiro Tokita; hereinafter referred to as “the Company”) announces that it has obtained funds worth 3.4

billion yen from a total of 12 companies as specified below, including the largest shareholder Internet Initiative Japan Inc.

 

■Background of the funding

As the new era of virtual currency is upcoming with greater attention to digital currency, the Company is aiming at being a “main bank of digital currency.”

To extend the target of its services to digital currency, not limited to virtual currency, and realize the eco-system of digital currency, the Company has decided to acquire more corporate partnerships through raising funds.

 

■Purpose of the funding

The funds obtained this time will be used to strengthen the Company’s development system to accelerate its development of a new settlement platform for digital currency. The real-time and direct exchange of value with superior traceability envisioned by the Company is expected to reduce related social costs and invigorate economic activity. The Company will accelerate its activities for digital currency in collaboration with its corporate partners to realize “the integration of transactions and settlements”.

Internet Initiative Japan Inc.

KDDI CORPORATION

KONAMI HOLDINGS CORPORATION

SUMITOMO LIFE INSURANCE COMPANY

DAIDO LIFE INSURANCE COMPANY

Meiji Yasuda Life Insurance Company

CHUBU Electric Power Co.,Inc.

Hankyu Hanshin Holdings, Inc.

MATSUI SECURITIES CO., LTD.

Energia Communications,Inc.

SOHGO SECURITY SERVICES CO.,LTD.

(ALSOK)

Toppan Printing Co., Ltd.





【DeCurret】CapitalIncrease.pdf