Japanese cryptocurrency exchange Bitbank is preparing for an IPO, pending approval from relevant authorities

ChainCatcher News: Japanese listed company Mixi announced that its equity affiliate, cryptocurrency exchange BitBank, is preparing for an IPO. In addition to needing approval from relevant authorities for the stock listing, the planned timing and market for the IPO have not yet been determined, and there is a possibility that the IPO may be suspended during the preparation process. Currently, MIXI Corporation holds 26.99% of the shares, Ceres Corporation holds 23.05% of the shares, and the representative director and CEO of BitBank Inc. holds 30.69% of the shares.