NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq

BitFlyer Draws a Further $1.1M Led By Silbert

Samuel Rae
Samuel Rae
4 years ago
2 mins read

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

At the end of 2013, Yuzo Kano, a former Goldman Sachs employee, left his job as a derivatives trader with the goal of setting up his own bitcoin related company. In June last year, he announced that the company – BitFlyer – has successfully secured $1.6 million from domestic venture capitalists to fund the launching of a new Japan-based bitcoin exchange. The goal, to fill the void left by the collapse of Mt Gox.0519_silbert-second-market_400x400

In September last year, the company announced that it had launched the first Japanese bitcoin crowdfunding platform as an add-on to BitFlyer – the aptly named FundFlyer. Shortly after the announcement came a further announcement that Barry Silbert Of Bitcoin Opportunity Corp had provided BitFlyer with $236,000 growth funding – the first time BOC had invested in the Japanese company.

Why are we telling you this? Because the company has yet again secured considerable funding to fuel further expansion. Led by the aforementioned Barry Silbert, this third round of funding drew just over 130 million Japanese yen – approximately US$1.1 million at current rates. While led by Silbert, the majority of investment came from Japanese investors – primarily Recruit Strategic Partners, a subsidiary of Japan-based company Recruit, and GMO Venture Partners, the VC arm of GMO Internet Group.

So what’s next for BitFlyer? The company has revealed that it intends to use the new capital to expand both its customer and revenue base, but it is not all about the money. The new relationships forged through the latest investment round offer the company a chance to leverage the networks of these investors – a network through which other digital currency-based companies have already drawn benefit.

It’s good to see that investment is still flowing into the digital currency space – regardless of current price points. Who’s next? Let us know what you think!

Images from BitFlyer.

Tweet123Share196ShareSend
Samuel Rae
Samuel Rae

Samuel Rae

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

Whales Are Buying Solana: Two Wallets Pull 376K Tokens From Binance

Whales Are Buying Solana: Two Wallets Pull 376K Tokens From Binance

Solana (SOL) is entering a pivotal phase after rallying more than 40% since early August, pushing the price to its...

Sebastian Villafuerte 49 minutes ago
ethereum, ethereum koers, altcoins, bull run, eth koers, solana

Ethereum whales en $2,5B Solana vraag zetten september altcoin rally in gang

De cryptomarkt lijkt optimistisch aan deze week begonnen te zijn nadat grootheden zoals XRP en Solana al meerdere procenten aan...

Lars Diederiksen 2 hours ago
3 nové kryptoměny s 1000 _ potenciálem

3 zbrusu nové kryptoměny, které mohou do října vystřelit o 1 000 %

Kryptotrh je opět v pohybu a investoři hledají nové příležitosti, jak znásobit své zisky. Vedle zavedených hráčů, jako je bitcoin...

Lenka Hanzlíková 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Se pregătește Bitcoin pentru un nou vârf în septembrie?

antonio 3 minutes ago
Top Crypto Presales to Watch as the Market Prepares for Recovery

Top Crypto Presales to Watch as the Market Prepares for Recovery

Aaron Walker 20 minutes ago
Bitcoin to $200K? Fundstrat’s Tom Lee’s Bold Bitcoin Forecast Fuels Bitcoin Hyper Presale Surge

Bitcoin to $200K? Fundstrat’s Tom Lee’s Bold Bitcoin Forecast Fuels Bitcoin Hyper Presale Surge

Aaron Walker 28 minutes ago

Premium Sponsors

Press Releases

  • CryptoMiner

    Robinhood leads the innovation, OurCryptoMiner helps you...

    17 minutes ago
  • 10ドル到達は夢か?プロジェクトが直面する厳しい現実

    パイネットワーク...

    38 minutes ago
  • ChatGPT-5 избира два криптовалутни проекта, които могат да превърнат 100 $ в 1.000 $ до 2026 година

    ChatGPT-5 избира два криптовалутни...

    1 hour ago
  • ChatGPT-5 alege două criptomonede care pot transforma 500 RON în 5.000 RON până în 2026

    ChatGPT-5 alege două criptomonede care pot transforma 500...

    2 hours ago
  • ChatGPT-5 избира два криптовалутни проекта, които могат да превърнат 100 $ в 1.000 $ до 2026 година

    ChatGPT-5 bira dva kriptovalutna projekta koja mogu...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.