Litecoin joins other virtual currencies available to clients of GMO Coin, including Bitcoin, Bitcoin Cash, and Ethereum.

GMO Coin, the virtual currency business operated by GMO Internet Inc. (TYO:9449), continues to expand its offering in line with previously unveiled plans.

As of today, clients of GMO Coin may make use of buying and selling Litecoins, the latest addition to the offering, which already includes Bitcoin, as well as Bitcoin Cash and Ethereum. The company noted in its announcement that the expansion of the offering reflects requests of its clients. It is also launching a campaign of spread-reduction on the virtual currencies to promote these products.

GMO Coin is also planning to add Ripple and Ethereum Classic to its offering, with their launch scheduled for November and December, respectively.

GMO Internet keeps building its cryptocurrency-related business. In September this year, the company announced its plans to to launch a Bitcoin mining business. GMO Internet will operate a next-generation mining center utilizing renewable energy and cutting-edge semiconductor chips in Northern Europe. It will use cutting-edge 7 nm process technology for chips to be used in the mining process, and will collaborate on its research and development and manufacturing with an alliance partner having the necessary semiconductor design technology. The launch is scheduled for the first half of 2018.