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​​​​​​​​​​​​​​​​​​➡️E-Commerce Firm Rakuten Readies Cryptocurrency Exchange for April Launch After Name Change

Japanese e-commerce giant Rakuten has completed registration of its cryptocurrency exchange Rakuten Wallet, which will go live next month, the company confirmed in a press release on March 25.

Rakuten, which follows several major Japanese tech players in entering the crypto exchange market, renamed its product from Everybody’s Bitcoin earlier this month.

The company had acquired the exchange under the former name in August last year for 265 million yen (at the time $2.4 million).

Following a consolidation period during which Rakuten made changes to its structure, executives have now confirmed that Everybody’s Bitcoin in its current guise will cease operations at the end of March.

​​​​​​​​​​​​​​​​​​➡️E-Commerce Firm Rakuten Readies Cryptocurrency Exchange for April Launch After Name Change

Japanese e-commerce giant Rakuten has completed registration of its cryptocurrency exchange Rakuten Wallet, which will go live next month, the company confirmed in a press release on March 25.

Rakuten, which follows several major Japanese tech players in entering the crypto exchange market, renamed its product from Everybody’s Bitcoin earlier this month.

The company had acquired the exchange under the former name in August last year for 265 million yen (at the time $2.4 million).

Following a consolidation period during which Rakuten made changes to its structure, executives have now confirmed that Everybody’s Bitcoin in its current guise will cease operations at the end of March.


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