The number of users of virtual currencies, including bitcoin, has recently skyrocketed, and a system for registering virtual currency exchanges will be enforced in Oct. 2017. Like this, our society is increasing interest in virtual currencies. In these circumstances, the company enters into a business of trading virtual currencies, proceeds to register the new company CyberAgent Bitcoin, Inc. as a virtual currency trader, and plans to commence the operation of a virtual currency exchange next spring.
Since our business start-up in 1998, the company has been conducting advertisement and media businesses in the Internet field, and currently offers a wide array of services, including video and music distribution. In the new business of operating a virtual currency exchange, we aim to operate a highly convenient exchange and increase customers by utilizing the know-how of Internet marketing we cultivated and the capability of designing user-friendly services we nurtured through the development of the Internet TV station “AbemaTV,” the flat-rate music distribution service “AWA,” etc.
Overview of the new company
Address 1-12-1 Dogenzaka, Shibuya-ku, Toyo
Established October 2, 2017
Capital 150 million yen (Wholly owned subsidiary of CyberAgent)
Executive Hiroki Urabe, President
Business Trading of virtual currencies