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: SoftBank, Ark Invest Among Potential Investors In Tether's $15 Billion Funding Round
  • 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: SoftBank, Ark Invest Among Potential Investors In Tether's $15 Billion Funding Round

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

Bitcoin

Bitcoin Tipped To Peak In 2026 – Here’s Why

Following a rather turbulent trading week, Bitcoin prices now sit below $110,000, representing a 12% decline from its all-time high...

Semilore Faleti 4 hours ago
Bitcoin

Bitcoin Loses $110,000 Support But Risk Signal Says Market Is Safe – Details

Over the last week, Bitcoin (BTC) investors witnessed a heavy market decline as prices crashed by over 5%. This negative...

Semilore Faleti 6 hours ago
Solana, MATIC, Worldcoin, SUI

Solana Freefall Ahead? SOL Price Risks Drop To $150 If This Critical Support Fails

After hitting a one-month low, Solana (SOL) has bounced from a critical support zone and is attempting to reclaim a...

Rubmar Garcia 11 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

Bitcoin

Bitcoin Daily RSI At Most Oversold Level Since April — Time To Buy? 

Opeyemi Sule 31 minutes ago
Bitcoin

Bitcoin Price Forms Bearish Evening Star Pattern On Weekly Chart, But Can Price Go Below $100,000?

Scott Matherson 2 hours ago
Bitcoin

Bitcoin Cycle Confluence Hints No Bottom Before October – What This Means

Godspower Owie 1 hour ago

Premium Sponsors

Press Releases

  • Крипто китовете напускат Shiba Inu заради този токен на цена 0,00000012 $ с цел 25 $

    Крипто китовете напускат Shiba Inu...

    4 hours ago
  • Krypto veľryby opúšťajú Shiba Inu kvôli tomuto tokenu za cenu 0,00000012 $ s cieľom 25 $

    Krypto veľryby opúšťajú Shiba Inu kvôli tomuto tokenu...

    5 hours ago
  • Inwestorzy kryptowalutowi porzucają Shiba Inu dla tokena, którego cena wynosi 0,03 zł, a celem jest 12 000 zł

    Inwestorzy kryptowalutowi porzucają Shiba Inu dla tokena...

    21 hours ago
  • Shiba Inu (SHIB): Мемкойн върху Ethereum с нарастваща полезност

    Táto alternatíva Shiba Inu (SHIB) v nasledujúcich...

    22 hours ago
  • Ta alternatywa dla Shiba Inu (SHIB) może w nadchodzących tygodniach wzrosnąć z 0,03 zł do 6 000 zł

    Ta alternatywa dla Shiba Inu (SHIB) może w nadchodzących...

    23 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.