Japanese VC Global Brain to launch blockchain arm

A Bitcoin (virtual currency) paper wallet with QR codes and a coin are seen in an illustration picture shot May 27, 2015. REUTERS/Benoit Tessier/Illustration/File Photo

Japan’s Global Brain Corporation has announced the setting up of a new subsidiary, GB Blockchain Labs Corporation (GBBL), to extend its contribution to the blockchain ecosystem as well as foster utilisation of the technology across industries and countries.

Founded in 1998, Global Brain is one of the largest independent venture capital firms from Japan, with $500 million in assets under management (AUM) and investments across Asia Pacific, the United States, Europe and Israel.

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