bitFlyer is the largest virtual currency and blockchain company in Japan, having received investments from SMBC Venture Capital, Mizuho Capital, Dai-ichi Life Insurance, Mitsubishi UFJ Capital, Mitsui Sumitomo Insurance Venture Capital, Recruit Strategic Partners, Dentsu Digital Holdings, SBI Investment, GMO VenturePartners, QUICK, and Venture Labo Investment, among others. The company aims to revolutionize the FinTech sector using blockchain technology. bitFlyer’s work includes operation of the bitFlyer integrated virtual currency platform, in-depth blockchain research, and the R&D of our original blockchain miyabi.
The total Assets under bitFlyer Japan’s custody topples 161.8 Billion Yen or approximately US$1.5 billion far back in August, breaking an almost two-year stalemate.
The bitFlyer integration with PayPal ensures funds deposits and it is arguably the first of its kind as other exchanges that work PayPal allow only withdrawals through the payment service provider.
BitFlyer entered into the Hawaiian market as the team considers Hawaii as a bridge between Japan and the U.S.
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