• Yahoo Japan buys a minority stake in a Tokyo cryptocurrency exchange

    1 month ago - By Tech Crunch

    Yahoo Japan has gotten its hands on 40 percent of a Tokyo-based cryptocurrency exchange set to launch this fall.
    The investment, made in BitARG Exchange through a Yahoo Japan subsidiary gives the company a minority stake with BitARG parent company CMD Laboratories still maintaining 60 percent ownership of the exchange. A source told CNBC the deal went for about 2-3 billion yen or around $18-$28 million.
    In a translated announcement , BitARG said the exchange would benefit from the “service operation and security expertise of the Yahoo Japan Group, which will make it easier for customers to...
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