Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M

Spread the love

Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30MMadison Holdings Group Ltd. has agreed to buy 67.2 percent of Japanese cryptocurrency exchange Bitocean for 1.68 billion yen ($15.12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30.12 million. According to local media reports, the deal is to be completed through a subsidiary, Madison Labs. Also read: Cryptocurrency Exchanges […]

The post Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M appeared first on Bitcoin News.

Go to Source

Powered by WPeMatico