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Business alliance254AAI FUSION CAPITAL GROUP CORP.Financials (excluding banks)

Notice Regarding the Start of Joint Consideration with Zaif Co., Ltd. Toward a Business Partnership in the Crypto Asset Lending Sector

MCH and Zaif have begun jointly examining the feasibility of a new service that would allow Zaif customers to use their bitcoin without selling it. The specific service details and terms have not yet been determined.

Worth reading
29Immaterial
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Direction
Neutral
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Scale
—
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Wording
Avoiding a definitive answer
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Agreements reached under this partnership

Business alliance
254AAI FUSION CAPITAL GROUP CORP.
Alliance partner株式会社Zaif
Details of the alliance
  1. 1

    Providing Zaif customers with an option to use the bitcoin they hold without selling it

These are items that the documents state the two companies will work on. The lines above and below represent arrangements between the two companies.

About the partner
Business DescriptionOperator of the crypto-asset trading service “Zaif.” Since its launch, the service has primarily provided order-book-based crypto-asset trading.
LocationTokyo Metropolitan Government
Impact on Business Performance

The impact of this matter on the Company’s consolidated earnings in the near term will be minor.

Agreements reached under this partnership
ItemDetails
Name of alliance partner株式会社Zaif
Alliance partner's business activitiesOperator of the crypto-asset trading service “Zaif.” Since its launch, the service has primarily provided order-book-based crypto-asset trading.
Alliance partner's locationTokyo Metropolitan Government
Type of allianceBusiness alliance
Details of the allianceProviding Zaif customers with an option to use the bitcoin they hold without selling it
Impact on Business PerformanceThe impact of this matter on the Company’s consolidated earnings in the near term will be minor.
Items this document does not state (17)
Alliance partner's capitalAlliance partner's net salesAlliance partner's operating incomeNumber of shares acquiredAcquisition priceShareholding ratioOverview of the joint ventureOwnership ratioDispatch of directors and officersContract PeriodNumerical targets under the allianceShareholding PolicyDate of board resolutionContract DateAlliance start dateShare Acquisition Date and Payment DateChange in major shareholders

These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.

The reasons the company gives

The company's own explanation, not something inferred from the numbers.

The number of customers holding bitcoin for the long term is increasing, creating demand for ways to use it while continuing to hold it. MCH and Zaif will combine Zaif’s customer base with the expertise MCH has developed through operating the crypto-asset lending service “RENKIN” to examine the feasibility of a new service.

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Notice Regarding the Start of Joint Consideration with Zaif Co., Ltd. Toward a Business Partnership in the Crypto Asset Lending Sector | AI FUSION CAPITAL GROUP CORP. (254A) timely disclosure | Komori