On June 21, the number of crypto assets held by listed companies in Japan continues to rise. According to the latest statistics, as of May 2024, 31 companies have ventured into the crypto asset field, which is double the number of 16 three years ago. Among them, companies that focus on digital services and game development are particularly noticeable. At the same time, there are growing calls to improve Japan's immature accounting and auditing system.
It is reported that the data was compiled by Pafin, a company based in Chiyoda, Tokyo, based on the recently released financial statements of about 4,000 companies listed on the Tokyo Stock Exchange. One of the reasons why these companies hold crypto assets is to value them as investments, and secondly, to avoid asset shrinkage due to the depreciation of the yen.
31 Japanese listed companies hold crypto assets to avoid asset losses caused by the depreciation of the yen
2024-06-21 05:32:12
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