TechFlow reported on July 31, according to Coinpost, that mixi, a company listed on the Tokyo Stock Exchange Prime Market, announced on the 31st that Bitbank Co., Ltd., an equity-method affiliate operating the cryptocurrency exchange Bitbank, is preparing for an initial public offering. Bitbank is a well-known cryptocurrency exchange, with mixi holding a 26.99% stake. The listing plan is subject to regulatory approvals, and neither the specific timing nor the market for listing has been determined yet. Depending on the results of reviews during the preparation process, the decision could be made to suspend the listing.
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