Mitsubishi UFJ Financial to Invest in Bitcoin Venture Coinbase

Bitcoin Watch Shop

TOKYO—Japan’s biggest lender, Mitsubishi UFJ Financial Group Inc., is stepping into a bitcoin universe by investing in Coinbase, a use that allows users to store a practical banking and make payments with it.

To ramp adult operations in Asia, Coinbase is set to lift about $10.5 million from investors on Friday including MUFG’s core banking section and an MUFG venture-capital fund, bank officials said.

The MUFG investment is a…


Read more ... source:

Advertise on the Bitcoin News

Do you like The Bitcoin News ? Thank you for Support us !
BTC: 1FVCSiK2ErerjH1kBP4VLS5LqR3YzmVeXf
ETH: 0xa829E61Cc130b4f02fbfc9D7763361a550C7f824