BitFlyer shareholders including Sekisui House have reportedly negotiated a majority sale of the cryptocurrency exchange for up to $370m.

Private equity firm ACA Group has agreed to buy a majority stake in Japan-based, corporate-backed cryptocurrency exchange BitFlyer for an amount expected to be up to $370m, Nikkei reported on Saturday. Founded in 2014, BitFlyer operates a digital exchange for cryptocurrencies such as Bitcoin, Ethereum and Litecoin. A group of the company’s shareholders led the…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.