🚀 Metaplanet's Bitcoin Strategy Boosts Trading Volume on Tokyo Stock Exchange
#Metaplanet #Bitcoin #TokyoStockExchange #TradingVolume #InvestmentStrategy #StockMarket #June2023 #NamuraShipbuilding #Toyota #SonyGroup #Advantest
According to Odaily, Metaplanet (3350.T) has seen a significant increase in trading volume on the Tokyo Stock Exchange's standard market due to its expanding Bitcoin holdings. In June, the company's trading volume reached 1.8695 trillion yen, nearly doubling from May's 997.6 billion yen, maintaining its top position since November last year. Namura Shipbuilding (7014.T) ranked second in June with a trading volume of 516 billion yen.
Metaplanet's Bitcoin investment strategy has attracted market attention, leading to a rise in its stock price in mid-June. On July 7, the company announced an additional Bitcoin purchase, bringing its total investment to 225.8 billion yen. Metaplanet's trading volume has surpassed major stocks on the Tokyo Stock Exchange's main board, including Toyota Motor (1.6445 trillion yen) and Sony Group (1.3153 trillion yen), trailing only Advantest, which leads the main board with a trading volume of 4.8519 trillion yen.#Metaplanet #Bitcoin #TokyoStockExchange #TradingVolume #InvestmentStrategy #StockMarket #June2023 #NamuraShipbuilding #Toyota #SonyGroup #Advantest
🚀 Sony's Banking Unit Seeks U.S. National Bank License for Crypto Services
#Sony #SonyGroup #BankingUnit #Crypto #CryptoServices #Stablecoin #USDStablecoin #ConnectiaTrust #DigitalAsset #AssetManagement #Custody #ReserveAssets #NationalBankLicense
According to BlockBeats, Sony Group's banking division has officially applied for a U.S. national bank license. The application outlines plans to conduct specific cryptocurrency-related activities through its subsidiary, Connectia Trust. The trust company intends to issue a U.S. dollar stablecoin, manage corresponding reserve assets, and offer digital asset custody and asset management services.#Sony #SonyGroup #BankingUnit #Crypto #CryptoServices #Stablecoin #USDStablecoin #ConnectiaTrust #DigitalAsset #AssetManagement #Custody #ReserveAssets #NationalBankLicense
🚀 Japanese Firms Collaborate on Domestic AI Model Development
#JapaneseFirms #AI #SoftBank #NEC #Honda #SonyGroup #AIModelDevelopment #JapanAI #AutonomousDriving #NipponSteel #KobeSteel #MitsubishiUFJBank #SumitomoMitsuiBank #MizuhoBank #PreferredNetworks #PublicCall #NewEnergyIndustrialTechnology #TrillionYenSupport
SoftBank, NEC, Honda, and Sony Group have established a new company named 'Japan AI Foundation Model Development' to create domestic AI foundational models for Japanese businesses. According to Odaily, a SoftBank executive will lead the company, with Nippon Steel, Kobe Steel, Mitsubishi UFJ Bank, Sumitomo Mitsui Bank, and Mizuho Bank contributing financially. SoftBank and NEC will handle development, while Honda plans to apply the results to autonomous driving, with Preferred Networks also participating. The company intends to apply for a public call from the New Energy and Industrial Technology Development Organization, which, if selected, could provide support amounting to 1 trillion yen over five years starting in 2026.#JapaneseFirms #AI #SoftBank #NEC #Honda #SonyGroup #AIModelDevelopment #JapanAI #AutonomousDriving #NipponSteel #KobeSteel #MitsubishiUFJBank #SumitomoMitsuiBank #MizuhoBank #PreferredNetworks #PublicCall #NewEnergyIndustrialTechnology #TrillionYenSupport