Japanese Crypto Exchange DeCurret Issues $25 Million in New Shares
Cointelegraph
Published Apr 13, 2020 12:56AM ET
Updated Apr 13, 2020 02:40AM ET
DeCurret, the exchange promoting cryptocurrency to be used as a payment method for Japan’s massive public transportation system, just restructured its capital.
According to an April 10 press release by the crypto exchange, DeCurret announced that it had issued new shares worth 2.75 billion yen — approximately $25 million — in a third-party allocation of shares. The company plans to use the capital to “enhance transaction services for existing virtual currencies” and to promote the “expansion of digital currency and settlement services”.
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Written By: Cointelegraph
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