August 9, 2017
Change of Company and Service Names to GMO Coin
- GMO Coin, Inc. （former GMO-Z.com Coin, Inc.）
Tokyo, Japan – August 9, 2017 – GMO-Z.com Coin (https://coin.z.com/jp/ ) today changed their company name to GMO Coin, and their service Z.com Coin byGMO, which was launched in May 2017 and enables virtual currency FX and virtual currency trading, changed its service name to GMO Coin.
GMO Coin offers their services under GMO Internet Group’s global brand Z.com since their establishment in October 2016, aiming at global expansion of their businesses. In addition to the investment and payment methods, virtual currency including bitcoin is drawing attention worldwide as a new financing methods called ICO* lately.
In Japan, usage of virtual currency as a payment method is expanding further and trading volume is increasing rapidly.
Given this situation, GMO Coin changed their name to take advantage of GMO Internet Group’s brand and creditability, aiming at the enforcement of marketing in Japan.
＊ ICO stands for initial coin offering, which is drawing attention as a new financing method utilizing virtual currency.
New company and service names
|New company name||
GMO Coin, Inc.
|New service name||
|Effective date||As of August 9, 2017|
|Capital||JPY 750 million (including surplus reserved)|
GMO Coin service page: https://coin.z.com/jp/
GMO Internet Group
GMO Internet Group is an Internet services industry leader, developing and operating Japan’s most widely used domain, hosting & cloud, ecommerce, security, and payment solutions. The Group also includes the world’s largest online FX trading platform, as well as online advertising, Internet media, and mobile entertainment products. GMO Internet, Inc. (TSE: 9449) is headquartered in Tokyo, Japan. For more information, please visit http://www.gmo.jp/en/.
GMO Internet Group
Group Public / Investor Relations