On March 31, 2016, Money Partners Group signed a memorandum with US-based Payward Inc.for investment into Payward. The group schedules payment of the investment in the middle of April.
Payward is located in SanFrancisco and globally operates a bitcoin exchange “Kraken”. As we reported in July last year, Money Partners Group has formed a business alliance with Payward Inc and its subsidiary, Payward Japan for bitcoin trading, bitcoin settlement service and derivative trading utilizing bitcoin as an underlysing asset. Through discussion based on the business alliance, they concluded the agreement on the investment into Payward to enhance Payward’ capital strength for promoting its business in Japan.
According to the press release, details of the business collaboration hasn’t been decided yet.
(Source: Money Partners Group )
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