Blockchain financial assets have seen tremendous adoption in recent years. Institutions and individuals are now looking for practical ways to gain exposure to digital assets with minimal hassle. To date, the Japanese cryptocurrency market has been underserved, lacking reputable organizations that provide the on-chain financial services needed to participate in the future digital ownership economy.
Today, several major Japanese financial services companies announced a strategic integration of their operations to address this urgent need, launching Unbanked. Unbanked aims to provide digital liquidity solutions to the Japanese market and beyond. Crowd Bank, Personal Capital, and Kinka Gold will work together to provide Neofinance, which will meet the growing demand for on-chain assets and digital financial services.
These three companies are leaders in their respective fields. Crowd Bank is one of the leading lending crowdfunding platforms in Japan, allowing individuals to access investment portfolios such as real estate and renewable energy with low minimum purchase amounts. Crowd Bank crowdfunds large loans to institutions sourced from individual retailers, allowing them to earn no returns. Personal Capital is a dynamic corporate lending company that provides companies with the loan facilities they need to fund their operations. Kinka Gold is a gold trading service company that issues gold-backed cryptocurrency tokens backed by premium Japanese gold bullion.
All three companies have a long history of expanding financial access to those who do not regularly engage with the market. Working together confirms their shared ambition to enhance financial inclusion for all. Unbanked brings together expertise and experience to provide a path to the on-chain economy for all clients worldwide. Their goal is to provide institutional-grade blockchain services to clients alongside their existing operations.
Unbanked offers customers the opportunity to take out crypto loans, access on-chain gold, and participate in crowdfunding investments using their blockchain assets. Unbanked represents an expansion of the three companies’ service profiles by strengthening their integration with the digital ownership economy and providing users with the exposure and financial tools they crave.
In the coming years, more and more financial services are expected to move to on-chain. The efficiency, accountability, and immutability of blockchain are making it an effective foundation for global money markets and empowering individuals. The launch of Unbanked is a response to this trend, building an effective retail infrastructure for this new economy that allows the crowd to participate and individuals to benefit.
About Unbanked
Unbanked is a Web3 initiative of three major Japanese financial services companies that aims to promote financial inclusion and access to the blockchain economy for both individuals and institutions. Unbanked extends the services of Crowd Bank, Personal Capital, and Kinka Gold to cryptocurrencies, providing customers with financial freedom and unique access to digital assets.