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In an interview with major media outlet Bloomberg, Monex CEO Daiki Matsumoto said: Said They expressed interest and expressed that less competition within their local market would be a “very good thing” for them.
Matsumoto also stressed that there is a lot of potential in the Japanese domestic crypto market, as companies may look to invest in digital assets and use non-fungible tokens for marketing campaigns. Did.
According to the CEO, Monex hopes to establish itself as one of the few options for local players when such a time comes.
FTX Japan, one of four FTX assets sold, has caught the eye of Monex Group, an online brokerage firm based in Tokyo.
Monex also owns the majority of Japanese bitcoin wallet and exchange service Coincheck, which announced its intention to list its cryptocurrency exchange on the Nasdaq last year. According to Matsumoto, there is no change in plans to list Coincheck on the Nasdaq exchange.
Related: Crypto exchange Coincheck plans to list on Nasdaq in July 2023
FTX Japan is one of four FTX assets approved for sale during bankruptcy proceedings. Other assets include equity clearing platform Embed, derivatives platform LedgerX, and his European-based exchange FTX Europe. Those interested in purchasing are permitted by the court to perform due diligence and examine the property for sale.
Monex is not the only one looking at FTX assets. Documents filed with the court on January 10 confirmed that approximately 117 entities have expressed interest in purchasing the assets of the problematic exchange that are listed for sale. According to information, 41 buyers are considering FTX Japan.
