Line Corporation, Japan’s Biggest Chat App, Adds Tron (TRX) To Its Crypto Exchange Platform Bitbox


Line Corporation is a Japanese Internet firm and the operator of the country’s most popular messaging app.

The platform just added Tron (TRX) to its crypto exchange platform Bitbox.

Tron is the first crypto-token that managed to pass the review process by the Bitcoin open-listing committee and joined other cryptos which were already listed on the platform including Bitcoin, Ethereum, Ripple, Litecoin, and Stellar.

Bitbox is accepting applications from more cryptos

Bitbox already said that it was focusing on expanding the range of options that are available for customers.

Now, the platform is accepting applications from other crypto-tokens that are willing to join in and that are also prepared to undergo a thorough evaluation process.

Tron is currently building the infrastructure for a decentralized Internet after the significant acquisition of BitTorrent.

“Tron has a solid tech platform, especially now it has joined forces with BitTorrent,” said Youngsu Ko, CEO of Line Tech Plus, Line’s Singapore-based subsidiary that operates Bitbox.

“We look forward to building a strategic partnership with Tron and offering our users the best experience available in the cryptocurrency space.”

Line revealed the launch of Unblock Ventures

Line also announced the launch of a $10 million token venture fund called Unblock Ventures.

This fund will be focusi9ng on token investments, and it will expand in the future. For the moment the initial commitment was made by LVC Corporation which is another Line group company.

By launching this new corporate token fund, Line said that it aims to boost the development and adoption of crypto and blockchain tech.

Line also unveiled its plans to get into the finetech business earlier this year.

The firm established a brand new company Line Financial Corporation, in order to reinforce its position in financial services.

This new company has as primary target creating and providing a variety of financial services that tackle crypto, lending and insurance, all from the Line messaging app.

The company is also considering more applications of blockchain technology in countries with the underdeveloped financial infrastructure to enable services that include paying utility bills via mobile phone.

Coins Mentioned

BTC

Bitcoin

Icon
1xBit

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
Nitrogen Sports

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
7bitcasino

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
BitStarz

Lorem Ipsum is simply dummy text of the printing and typesetting industr...

Icon
FortuneJack

Lorem Ipsum is simply dummy text of the printing and typesetting industry....

Exchanges
Icon
CEX.IO

Read Review - Website

Icon
Coinbase

Read Review - Website

Icon
Binance

Read Review - Website

Casinos
Icon
7bitcasino

Read Review - Website

Icon
BitStarz

Read Review - Website

Icon
FortuneJack

Read Review - Website

Sportsbook
Icon
1xBit

Read Review - Website

Icon
Nitrogen Sports

Read Review - Website

Icon
SportBet.io

Read Review - Website

Trending news

Binance

Trending news

Top Exchanges
Icon
CEX.IO

4.00

Read Review - Website

Icon
Coinbase

4.48

Read Review - Website

Icon
Binance

4.50

Read Review - Website

Top Casinos
Icon
7bitcasino

4.20

Read Review - Website

Icon
BitStarz

4.93

Read Review - Website

Icon
FortuneJack

4.55

Read Review - Website

Top Sportsbook
Icon
1xBit

4.03

Read Review - Website

Icon
Nitrogen Sports

4.73

Read Review - Website

Icon
SportBet.io

4.60

Read Review - Website

Eduard Watson Author

An experienced finance writer for more than 10 years, active industry watcher, and gadget enthusiast.

1615 Articles
7255 Followers