Cryptocurrency Exchange Binance Japan has announced the addition of 13 new cryptocurrencies to its platform.
Following the announcement of more than a dozen new digital assets on its platform, such as Arbitrum, Near, and Optimism, cryptocurrency exchange Binance announced it intends to offer up to 100 tokens in Japan.
In a release, Binance revealed a selection of tokens that would be listed and available for spot trade on November 27. As of the time of writing, Binance Japan had listed 13 cryptocurrencies, bringing the total number of tradable assets on the site to 47.
These coins are eligible for the streamlined evaluation and listing procedure provided by Japan’s self-governing cryptocurrency watchdog, the Japan Virtual and Crypto Assets Exchange Association.
Hashgraph (HBAR), Near Protocol (NEAR), Optimism (OP), Immutable X (IMX), Arbitrum (ARB), The Graph (GRT), Render Token (RNDR), Decentraland (MANA), EOS (EOS), GALA (GALA), ApeCoin (APE), Klaytn (KLAY), and Lisk (LSK) are among the thirteen new tokens that Binance has announced. The company claims this is the widest selection of virtual currencies found on any Japanese cryptocurrency exchange.
General manager of Binance Japan Takeshi Chino said that the most recent addition represents a step closer to enabling 100 tokens for regional traders and investors.
According to Chino, the platform wants to “leverage Binance’s world-class blockchain ecosystem and global knowledge” to increase its visibility in the area.
Binance resumed its presence in Japan by acquiring Sakura exchange Bitcoin. The corporation has already left this market in 2018 because of problems with the government and regulations.
Binance Japan started in August 2023 and offered 34 tokens for trade. The company’s comeback occurred when Prime Minister Fumio Kishida in Japan changed his opinion about cryptocurrencies to encourage the development of a digital asset ecosystem.