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From Coindesk
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<blockquote>
Yahoo Japan confirmed Friday that it has purchased a minority stake in a Japanese cryptocurrency exchange.

Z Corporation, a subsidiary wholly owned by Yahoo Japan, acquired a 40 percent stake in BitArg Exchange Tokyo, valued at 2-3 billion yen (about $18.6 -$27 million), according to Reuters. The exchange is set to launch in the autumn of 2018, Yahoo Japan said in a statement.

"By utilizing the service operation and security expertise of the Yahoo group, we support the operation of exchanges operated by BitArgo Exchange Tokyo," Yahoo Japan said, adding that it will aim to provide services that are "easy to use and safe."

Rumors of the acquisition first emerged in March, though at the time they indicated that Yahoo Japan would make the investment through its forex transaction platform, YJFX, not Z Corporation, as previously reported.
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Read more: https://www.coindesk.com/yahoo-japan-buys-stake-in-cryptocurrency-exchange/

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Yup as I mentioned just a few posts ago 2018 is turning out to be the year of corporate adoption for block chains and crypto currencies.  It's only a matter of time now before the institutional money begins to onboard and send bitcoin to the staggering new heights.  To the moon folks!

<h4>Leave your thoughts in the comments below.</h4>

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