Line Corp. said Thursday it will launch an overseas cryptocurrency exchange next month, saying the financial field will play a key role in its growth strategy from now on.
During its annual conference in Chiba Prefecture to unveil new services for its messaging app, the company emphasized the potential for growth offered by so-called financial technologies, or fintech.
Line said it will start an exchange called Bitbox that will provide a global cryptocurrency trade service, with Japan and U.S. markets excluded for regulatory reasons. It plans to handle more than 30 kinds of cryptocurrencies, including bitcoin.