Messaging Giant LINE Adds TRX On Its BITBOX Exchange, Price Up 10%

Messaging Giants LINE Adds TRX On Its BITBOX Exchange

Messaging giants LINE corporation recently launched that they have added TRX to Bitbox which is LINE’s own crypto exchange. Notably, TRON (TRX) is the first coin to pass the rigorous review process by the BITBOX open-listing committee.

To mark this instant, the Singapore-based crypto exchange declared an airdrop of up to 9 million TRX tokens. TRON’s Founder Justin Sun announced this news from his widely followed Twitter account.

Token Venture Fund Launched By LINE’s Subsidiary

In a scheme to develop a blockchain startup ecosystem, LINE’s subsidiary Unblock corporation recently established “unblock ventures ltd.,” a corporate token venture fund. Unblock ventures focus on token investments and have a capital commitment of $10 million USD, made by LVC Corporation. Besides, unblock ventures’ token fund is expected to expand in the future, according to the growth of the blockchain market.

Based in Korea, unblock corporation is a subsidiary of LINE Plus Corporation, concentrating in blockchain technology. Since its launch in April 2018, the company has been tasked with designing a token economy, performing market research on cryptocurrencies, and developing an accelerator program.

By originating this new corporate token fund, LINE is aiming to boost the expansion and adoption of cryptocurrencies and blockchain technology. As such, LINE is one of the first publicly traded corporations to formalize token investments through a corporate fund.

Tron Having A Bull Run After The Listing

Following the report of TRON being listed on BITBOX, TRON gained close to 14% and is assumed to be back on a bullish run.

Earlier this year LINE Corporation had created LINE Financial Corporation which is part of an effort from LINE to ensure themselves a firm standing in the financial business world, along with the cryptocurrency world. The financial services that LINE offers will be combined with the LINE Pay app, which implies that they can still use it to transact virtual currencies, start loans, and all the other services they use with cryptocurrency.

Get Free Email Updates!

*Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

I will never give away, trade or sell your email address. You can unsubscribe at any time.

Bitcoin Exchange Guide News Team
B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


Please enter your comment!
Please enter your name here


Live Bitcoin Price & Latest BTC Charts

Today's Latest Crypto News

BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.

Start Using Crypto Today