Animoca, RootstockLabs partner to bring Bitcoin DeFi to Japanese institutions
The partnership targets Bitcoin treasury management for Japanese companies using Rootstock-based tools, including rBTC and RIF.
Animoca Brands Japan has partnered with RootstockLabs to introduce Bitcoin-native decentralized finance (DeFi) tools to Japanese corporations and institutions.
The collaboration aims to localize and deploy Rootstock’s institutional program for the Japanese market, enabling companies to manage Bitcoin (BTC) as part of their corporate treasury strategies while accessing onchain financial tools secured by Bitcoin’s proof-of-work (PoW), according to a Tuesday announcement shared with Cointelegraph.
“In Japan, an increasing number of companies are beginning to utilize cryptoassets as part of their financial and treasury strategies,” said Kensuke Amo, CEO of Animoca Brands Japan. “Through this partnership, Animoca Brands Japan and RootstockLabs will support corporate adoption of cryptoassets in a manner compliant with Japan’s regulatory environment.”
