Category: Japan
Super Nintendo World opening delayed again due to COVID-19
Universal Studios Japan had planned to open its Nintendo-based theme park on February 4th, however after a state of emergency was declared across several prefectures, it’s pushed that back indefinitely. As Reuters reports, Japan is experiencing a thi… Source
Read More
New York licenses GMO Internet to issue the first JPY-pegged stablecoin
The New York Department of Financial Services (NYDFS) has approved Tokyo-based GMO Internet to launch GYEN, the first stablecoin pegged to the Japanese yen. GMO Internet, an internet conglomerate that offers a large array of services, including domain hosting, online advertising and what it claims is the world’s largest foreign…
Read More
SoftBank will reportedly file for a SPAC on Monday
SoftBank Investment Advisers may file as early as Monday to raise between $500 million and $600 million through an initial public offering of its first special purpose acquisition vehicle, reports Axios. SoftBank Investment Advisers manages the two Vision Funds and may continue leaning into SPACs, with two more reportedly in…
Read More
Nintendo Direct will show off Super Nintendo World on Friday
The US Super Nintendo World theme park is still a few years away from opening, but in Japan the Universal Studios expansion will open its doors in the spring. In lieu of going to see it yourself, you can get a look inside via a 15 minute live stream… Source
Read More
ORIX invests $60M in Israeli crowdfunding platform OurCrowd
Japan-based financial services group ORIX Corporation today announced that it has made a $60 million strategic investment into the Israeli crowdsourcing platform OurCrowd. In return, the crowdfunding platform will provide the firm with access to its startup network. OurCrowd also says that the two groups will collaborate to create financial…
Read More
Ride Vision raises $7M for its AI-based motorcycle safety system
Ride Vision, an Israeli startup that is building an AI-driven safety system to prevent motorcycle collisions, today announced that it has raised a $7 million Series A round led by crowdsourcing platform OurCrowd. YL Ventures, which typically specializes in cybersecurity startups but also led the company’s $2.5 million seed round…
Read More