BitFlyer acquires FTX Japan to expand into crypto custody and spot ETFs

Japanese crypto exchange BitFlyer has acquired FTX Japan, making it a wholly-owned subsidiary to target crypto custody and spot ETFs. Starting August 26th, FTX Japan will be rebranded under BitFlyer Holdings. The primary focus will reportedly be on building a new crypto custody business, which aims to offer secure storage solutions for institutional investors. Crypto

Source: Cryptopolitan