TL;DR
- New Cryptocurrencies on Binance Japan: Binance Japan adds 13 new digital assets, including NEAR, IMX, and MANA, expanding its total offerings to 47, with future plans to reach 100.
- Market Response to Announcement: The addition of these cryptocurrencies led to a positive market response, with notable gains in NEAR, KLAY, and OP.
- Binance’s Strategic Re-entry into Japan: Binance re-enters the Japanese market after acquiring Sakura Exchange BitCoin, aiming to leverage Japan’s strong economy and tech ecosystem for cryptocurrency adoption and regulatory compliance.
NEAR, IMX, MANA, and Many More
The Japanese subsidiary of the world’s largest cryptocurrency exchange – Binance Japan – disclosed the addition of 13 new digital assets on its platform.
Users will get the chance to trade Hedera Hashgraph (HBAR), Near Protocol (NEAR), Optimism (OP), ImmutableX (IMX), Arbitrum (ARB), The Graph (GRT), Render Token (RNDR), Decentraland (MANA), EOS, GALA, Ape Coin (APE), KLAY, and LSK from November 27. Speaking on the matter was Tsuyoshi Chino, CEO of Binance Japan:
“Our focus is to leverage Binance’s world-class blockchain ecosystem and global knowledge to continue expanding our services in Japan and play a leading role in disseminating crypto assets. We look forward to the future developments of Binance Japan.”
Following the upcoming move, the marketplace will increase the total number of supported assets to 47. As CryptoPotato previously
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Author: Dimitar Dzhondzhorov