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Madison Spends 1.68 Billion Yen to Acquire Japanese Cryptocurrency Exchange Bitocean

Abstract : Recently, HongKong listed company Madison(8057.HK)has announced to spends 1.68 billion Yen to acquire Japanese cryptocurrency Exchange Bitocean.

ChainDD
ChainDD

Dec 21

December 21 (ChainDD) Recently, HongKong listed company Madison(8057.HK)has announced to spends 1.68 billion Yen to acquire Japanese cryptocurrency Exchange Bitocean.

The first announcement issued by Madison on December 9 was the signing of the acquisition agreement, which verified the news of November 20 when the company announced that its subsidiary, Madison Lab Limitted, was planning to acquire a 67.2% stake in Bitocean. Bitocean told ChainDD that the real buyer behind is BitMEX.

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