Animoca Brands Japan and RootstockLabs have teamed up to offer Bitcoin-based DeFi products to Japanese institutions and businesses. The intention is to assist businesses in managing Bitcoin as part of their treasury plans while adhering to regional laws.
Rootstock is a Bitcoin sidechain that supports smart contracts and inherits Bitcoin’s security thanks to merged mining.
Japanese businesses will have access to onchain financial tools that are directly based on Bitcoin infrastructure thanks to this agreement.
The businesses intend to investigate the utilisation of resources like the Rootstock Infrastructure Framework and Rootstock Bitcoin.
Businesses may be able to access decentralised financial services, manage liquidity, and increase treasury efficiency with the aid of these tools.
According to Animoca Brands Japan, Japanese businesses are becoming more interested in cryptocurrency, particularly for treasury and financial operations.
The services may be offered through Animoca’s Digital Asset Treasury Management Support Service, helping institutions safely bridge traditional finance and Bitcoin-based DeFi.
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