Gate.io expands into Japan—acquires Coin Master and renames it “Gate Japan Co., Ltd.”

Gate.io, one of the world's leading cryptocurrency exchanges, announced that it has acquired all shares of Japanese cryptocurrency exchange Coin Master Co., Ltd. . On the same day, Coin Master Co., Ltd. changed its trade name to "Gate Japan Co., Ltd."

Crypto asset giant Gate.io builds new platform for Japan

Gate.io had suspended global services for residents in Japan in July 2024, but with this acquisition, we have built a dedicated trading platform that complies with Japanese laws and regulations, and through Gate Japan, we have established a dedicated trading platform that complies with Japanese laws and regulations. We plan to resume our services.

Gate Japan will announce details of new account opening and transfer procedures for users residing in Japan at a later date. Information on supported currencies and service content provided by the new platform will be announced in due course.

Acquisition of Coin Master and establishment of “Gate Japan Co., Ltd.”

The former Coin Master Co., Ltd. was established in 2016, and in 2019 it received approval from the Kanto Local Finance Bureau and began operating as a crypto asset exchange company. Regarding this shareholder change, the former Coin Master stated, ``There will be no change in service content due to the shareholder change,'' and stated that they ``aim for further growth'' through the partnership with Gate.io.

Gate.io is currently a global crypto exchange with over 19 million users and provides a full-service digital asset trading platform. With this acquisition, it appears that the company intends to strengthen its presence in the Japanese market and increase its competitiveness. For more information, you are directed to contact Gate.io's official support team at [email protected]

Company Profile

Gate Japan Co., Ltd. Overview

• Business content : Planning and development of crypto asset exchange business and blockchain technology
• Head office location : 3-23-1 Nihonbashihamacho, Chuo-ku, Tokyo
• Registration number : Kanto Local Finance Bureau No. 00018
• Established date : June 2016
• Representative : Masakazu Suzuki, Representative Director and President
• Release article : https://coinmaster.jp/news/news-20241223/

Gate Information PTE. LTD. Overview

• Business : Software and application development
• Head office location : Singapore
• Established date : August 2021
• Representative : CEO Lin Han
• Release article : https://www.gate.io/ja/blog/5191/5191

Future trends associated with Gate.io's expansion into Japan are attracting attention.

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