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Japan’s 3 Megabanks Have All Invested in Japan’s Biggest Bitcoin Exchange

Japan’s largest banks Mitsubishi UFJ, Mizuho and SMBC are now investors in bitFlyer, Japan’s largest bitcoin exchange. Samburaj Das Less than a year after  raising ¥3 billion ($27 million)  in a record funding round by a bitcoin and Fintech company in Japan, Tokyo-based bitFlyer now sees all three of Japan’s ‘mega-banks’ as investors in the bitcoin exchange. In an announcement today, bitFlyer, Japan’s largest bitcoin exchange and blockchain services company, revealed fresh funding from Mizuho Capital and SMBC Venture Capital, both of which are the investment arms of the Mizuho Banking Corporation and the Sumitomo Mitsui Banking Corporation respectively. The two banking corporations join Mitsubishi UFJ as investors in bitFlyer. Mitsubishi UFJ Capital  participated in a ¥510 million ($4.5 million) round  of funding in August 2015. Altogether, all three of Japan’s megabanks have now invested in the country’s leading bitcoin exchange. Interest in Bitcoin Grows Investm