Japanese listed company Fisco exits cryptocurrency business
Source:
www.nadanews.com
According to NADA NEWS, FISCO, a company listed on the Tokyo Stock Exchange’s Growth Market, announced on May 14 that it will divest its cryptocurrency and blockchain business from its scope of operations. Starting from the first quarter of the fiscal year ending December 2026, its reported business segments will be revised from the original three—“Information Services,” “Advertising Agency,” and “Cryptocurrency & Blockchain”—to only the first two. Concurrently, the company announced the termination of all promotional initiatives for its proprietary cryptocurrency, “FISCO Coin (FSCC),” as well as the cancellation of its previously scheduled token-burning plan. Related payment functionalities, staking services, and the “Learn to Earn” points redemption feature under “CLUB FISCO” will also cease simultaneously. FISCO entered the cryptocurrency sector in 2016 and once assumed operations of the Zaif exchange; this full exit marks the conclusion of its decade-long strategic involvement in the field.