Crypto
Japan\'s KDDI to take 14.9% stake in Coincheck Group for $65 million
Japan\'s telecommunications company KDDI will invest $65 million to acquire a 14.9% stake in Coincheck Group. CoinDesk reported that KDDI agreed to buy 28.5 million newly issued shares at $2.28 each, with the deal expected to close in June. The companies also signed a business partnership involving customer referrals, revenue sharing and referral fees, aiming to broaden crypto access in Japan by combining KDDI channels with Coincheck services.
