Local media, citing sources at Binance Japan, report that the company intends to bring the number of assets available for trading to 100 as soon as possible – roughly three times the current number.
Binance Japan spokesman Tsuyoshi Chino said in press comments that the exchange intends to expand cooperation with other market participants to provide better liquidity for digital assets in the Japanese market.
Tsuyoshi Chino said that Binance Japan plans to register a subsidiary that will take on the role of intermediary for fiat currency-backed stablecoin transactions.
Binance Japan currently trades
34 cryptoassets on its platform.. The company has previously promised to expand the suite of services available to Japanese customers to include spot trading, Earn products and its own non-fungible token (NFT) marketplace.