Taotao: Yahoo-Backed Exchange Enters Japan Market Amid Renewed Interest in Crypto

Cointelegraph

Published May 29, 2019 07:35PM ET

Taotao: Yahoo-Backed Exchange Enters Japan Market Amid Renewed Interest in Crypto

Japanese cryptocurrency exchange Taotao is expected to go live at noon on May 30, as per the company’s official Twitter page.

Notably, the new trading platform is heavily backed by Yahoo (NASDAQ:AABA) Japan, marking the local internet giant’s arrival into the field of crypto. The timing seems to be on point, now that the market has finally shaken off the bear. But how likely is Taotao to dethrone its competitors — both current and those to come — in a complex market such as Japan?

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