GFA (8783) , a listed Japanese real estate advisory service company, announced on 5th February that it would launch the mining business of virtual currencies through subsidiary GFA Capital, around by the end of this March.
The subsidiary has signed the basic agreement of business alliance for ICO consulting with OKWAVE (3808)’s OKfinc in last month. GFA, with its core business as real estate service, aims at building a new line of financial service business related with the cryptocurrencies.
GFA’s mining business expects to start around by the end of this March, or the second half of the current fiscal year, in China, via the partnership with Hong Kong-based Passion Progress for the system operation.
The mining would include Bitcoin, Ethereum, and Litecoin.