LONDON, Nov. 10,
2022 /PRNewswire/ -- Zilliqa Research Pte. Ltd.,
developers of the Zilliqa blockchain – a high-performance,
high-security and low-fee layer-1 blockchain protocol, today
announce that ZIL – the native token of the Zilliqa
blockchain – has been listed on OKCoinJapan, one of Japan's most prominent and popular
cryptocurrency exchanges.
The ZIL/JPY trading pair went live on OKCoinJapan today at
5pm JST (GMT +9), with customers able
to buy, sell, trade and hold ZIL on the platform. ZIL is the
20th digital asset to be listed on the exchange and
offers the first direct on-and-off ramp to the Zilliqa ecosystem
for Japan's user base.
Zilliqa is a high-performance layer-1 blockchain that underpins
a thriving ecosystem of decentralised applications (dApps),
spanning native video games and Web3 experiences, through to
decentralised finance (DeFi) and enterprise applications. In
September, Zilliqa announced that it has a native Web3 gaming
console in development set for release in Q2 2023, as well as
several free-to-play games releasing next year, including WEB3WAR –
a cross-platform first-person shooter currently in open beta.
Today's listing comes following ZIL receiving regulatory
approval from the Japan Virtual and Cryptoassets Exchange
Association (JVCEA), the country's accredited self-regulatory body
for digital assets. Japan was the
first country to regulate cryptocurrency exchanges and
remains a tightly controlled market, with all tokens required to
pass a rigorous screening and regulatory approvals process from the
JVCEA before they are permitted to be listed on Japanese
exchanges.
Speaking on today's announcement, Matt
Dyer, CEO at Zilliqa, said:
"Today's announcement marks a major step in the expansion of the
Zilliqa ecosystem all over the globe. As our ecosystem continues to
build and diversify its offerings, it is essential that we maximise
access and availability to ZIL, so that our growing community can
participate in the opportunities and experiences on offer.
Japan is an important market for
Zilliqa, with a sophisticated crypto community and a
storied history of innovation, particularly in the video game
space, which is a key area of focus for our ecosystem. We are
delighted to work with OKCoinJapan for our entry into the Japanese
market and anticipate further listings of ZIL to follow."
About Zilliqa
Zilliqa is a high-performance, high-security and low-fee layer-1
blockchain. Founded in 2017, Zilliqa was developed by a team of
global business and industry experts, experienced scientists,
leading engineers, financial services specialists, and venture
creators. Committed to developing innovative and scalable
blockchain solutions with a user-centric approach, Zilliqa is
driven by the mission to catalyse and transform digital
infrastructures across global communities and industries. Zilliqa's
technology has served as the backbone for use cases across the
arts, asset securitisation, content creators and the influencer
economy, decentralised and open finance, digital advertising,
financial services, incentivised marketing, and sports.
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SOURCE Zilliqa Research Pte. Ltd.