Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M
news.bitcoin.com
by Jeffrey Gogo
December 26, 2018
Excerpt:
Madison Holdings Group Ltd. has agreed to buy 67.2 percent of Japanese cryptocurrency exchange Bitocean for 1.68 billion yen ($15.12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30.12 million. According to local media reports, the deal is to be completed through a subsidiary, Madison Labs.
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Read entire article: news.bitcoin.com/wine-retailer-to-buy-majority-stake-in-japanese-bitcoin-exchange-for-30m/
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