Negotiations In Tokyo: Roger Ver Got Out On Field
Azbit started the next round of negotiations in Asia. Project’s advisor Roger Ver and CEO Max Zmitrovich have held a series of meetings with private investors, venture capitalists and authorised fund managers.
Back story: Asian crypto Promised Land
Although Switzerland is meant to be the cradle of the world’s first and only Crypto Valley, Asia is on the way to intercept the title of becoming the world’s Crypto Promised Land.
Asian region is definitely playing one of the major roles in global cryptocurrency adoption. Japan has some of the most advanced crypto regulations and tops the G20 list of a global cryptocurrency exchange register. We must also bear in mind that Japan has become a «cradle» for a number of major exchange platforms. Japanese yen and Korean won have entered the top 3 national currencies that are the most traded for Bitcoin.
South Korean crypto investments have increased by 64% in just one year. Moreover, Korea is ranked among the top three countries by using world’s exchanges (5.7 million visits per month).
Meanwhile, the backbone of the most popular and solid cryptocurrency exchanges are represented by companies registered in Hong Kong and China.
Despite the fact that Chinese environment for cryptocurrencies is less friendly than in neighbouring Japan and South Korea and crypto exchanges are forbidden, private individuals are allowed to use Bitcoins. All in all China is definitely one of the most important players in today’s crypto market.
Not surprisingly Asian investors are increasingly interested in cryptocurrencies in particular and in fintech in general. As you already know from earlier articles, Azbit has already completed negotiations with big shot Korean investors and received fairly tangible flow of private capital. Korean angel investors contributed about $600,000. These infusions have resulted in assembled Soft Cap.
The second round of negotiations
Swimming upon the high tide of success, Azbit began the next round of negotiations in Asia. The starting point was the Tokyo meeting with Japanese investors. Those who follow Azbit social media are already up to speed on Azbit’s ace in the hole: our advisor and Bitcoin.com CEO Roger Ver has actively joined the negotiation process.
Working side by side with Azbit CEO Max Zmitrovich, he held a series of meetings with private investors, venture capitalists and authorised fund managers. Wouldn’t want to reveal too much at this stage, but, in a nutshell, the outcome of the negotiations is successful and papers are in the process of signing.
What’s next?
Our next destination is South Korea. Max Zmitrovich has already gone to Seoul, where a public meet up will take place soon. But that’s not all — while Roger Ver joined Max in Tokyo, our advisor and Bitcoin.com COO Mate Tokay will take part in negotiation process in Seoul. All details will be released soon, stay tuned!
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