Japan: Major Messenger LINE Partners with Financial Giant to Create Blockchain Alliance

Major Japanese messaging app LINE has signed a memorandum of understanding with local financial giant Nomura Holdings to form a blockchain alliance, a press release reveals on Wednesday, Jan. 30.

Nomura, which provides investment, financing and related services to individual, institutional and government customers, LINE and LVC Corporation, which oversees messenger’s digital asset and blockchain business units, will sign a formal contract by the end of March 2019.

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