Local media, citing sources in Binance Japan, report that the company intends to bring the number of assets available for trading to 100 as quickly as possible – about three times more than now.
Binance Japan spokesperson Tsuyoshi Chino said in press comments that the exchange intends to expand cooperation with other market participants in order to provide better digital asset liquidity in the Japanese market.
Tsuyoshi Chino announced that Binance Japan plans to register a subsidiary that will act as an intermediary in fiat-backed stablecoin transactions.
Binance Japan currently trades 34 crypto assets on its platform. The company previously promised to expand the range of services available to Japanese customers, including spot trading, Earn products, and its own non-fungible token (NFT) market.
Source: Bits
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