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Friday, June 16, 2017

Investors Use Startup Stocks to Bet on Bitcoin in Japan

Investors Use Startup Stocks to Bet on Bitcoin in Japan

Japanese startups are leveraging Blockchain technology to increase their stock market value, reports suggest.

Bloomberg noted on Tuesday that Blockchain voting platform Infoteria and financial data services provider Fisco saw rises of 58 percent and 26 percent over the past month respectively.

Fisco additionally opened a Bitcoin exchange in 2016.

“From about a month ago when all these virtual currencies started spiking like crazy, we began seeing the so-called “stocks of the virtual currency bubble,”’ Naoki Murakami, a major trader, told the publication.

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