JAFCO Invests $15 Million USD in ICO Solution Company Tech Bureau

Japan’s leading Blockchain company, Tech Bureau, announces $15 Million investment by Japan’s largest Venture Capital firm, JAFCO

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Proving growing interest in the Initial Coin Offering (ICO) as a means for corporate fundraising, JAFCO has invested $15 million USD into Tech Bureau, Corp. Combined with Infoteria Corporation’s $1 million USD investment in Tech Bureau’s Series B offering and other investments, Tech Bureau has raised over $25 million USD to develop and launch the first integrated ICO platform, COMSA.

Tech Bureau’s COMSA is a one-stop solution for Japanese companies seeking ICO funding, providing expertise, consultation, and solutions helping them integrate blockchain technology into their business practices. COMSA builds off the popularity and rapid growth of Tech Bureau’s mijin blockchain (a NEM protocol blockchain) and Zaif Bitcoin exchange platform to provide trusted ICO investment.

“The recent clamp down of ICOs in various jurisdictions is stifling the fintech industry,” said Lon Wong (Lon), President of the NEM.io Foundation. “With a foresighted approach, Japan appears to be taking the lead in managing the growth of the cryptocurrency industry. Major venture capital companies are pouring in money, and the industry is well on its way to becoming a major economic force.”

Following Tech Bureau’s COMSA ICO white paper (similar to an IPO prospectus), four venture capitalists and one angel investor signed up for COMSA’s token sale. Additionally, 120,000 people have registered to participate in the COMSA ICO. In 2017, Tech Bureau expects four companies to launch ICOs of their own, while 30 companies are on a waiting list for deployment in 2018.

To further expand ICO adoption and deployment, Tech Bureau has founded Japan’s first ICO council. The council draws expertise from banks, stock companies, a foreign exchange margin trading company, an audit firm, two law firms, and over 15 technology companies.

They aim to introduce the ICO as a pragmatic fundraising method with guidelines to secure the success of both token sellers and buyers.

  1. About JAFCO Co., Ltd.: http://www.jafco.co.jp/english/
  2. About Infoteria Corporation: https://www.infoteria.com/jp/en

About Richard Kastelein

Founder of industry publication Blockchain News, partner at ICO services collective CryptoAsset Design Group (helped raise over $200m+), director of education company Blockchain Partners (Oracle Partner) and ICO event organiser at leading industry event  CryptoFinancing (first ICO event in Europe) - Richard Kastelein is an award-winning publisher, innovation executive and entrepreneur. He sits on the advisory boards of half a dozen Blockchain startups and has written over 1200 articles on Blockchain technology and startups at Blockchain News and has also published pioneering articles on ICOs in Harvard Business Review and Venturebeat.
 
Kastelein has spoken (keynotes & panels) on Blockchain technology in Amsterdam, Antwerp, Barcelona, Beijing, Brussels, Bucharest, Dubai, Eindhoven, Gdansk, Groningen, the Hague, Helsinki, London, Manchester, Minsk, Nairobi, Nanchang, San Mateo, Shanghai,Tel Aviv and Venice. His network is global and extensive.
 
He is a Canadian (Dutch/Irish/English/Métis) whose writing career has ranged from the Canadian Native Press (Arctic) to the Caribbean & Europe. He's written occasionally for Harvard Business Review, Wired, Venturebeat, The Guardian and Virgin.com and his work and ideas have been translated into Dutch, Greek, Polish, German and French.
 
A journalist by trade, an entrepreneur and adventurer at heart, Kastelein's professional career has ranged from political publishing to TV technology, boatbuilding to judging startups, skippering yachts to marketing and more as he's travelled for nearly 30 years as a Canadian expatriate living around the world.
 
In his 20s, he sailed around the world on small yachts and wrote a series of travel articles called, "The Hitchhiker's Guide to the Seas' travelling by hitching rides on yachts (1989) in major travel and yachting publications. He currently lives in Groningen, Netherlands where he's raising three teenage daughters with his wife and sailing partner, Wieke Beenen.

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