Japan Bitcoin Industry Raises Approximately JPY 800 Million via BTC In-Kind Contribution, Partners with ANAP Subsidiary to Build Lightning Network Routing

According to 深潮 TechFlow, CoinPost reported on October 28 that Japan Bitcoin Industry announced on October 28 a third-party allotment capital increase, with the allottees being Fulgur 合同会社 and ANAP Lightning Capital (ALC), for a total of JPY 800,043,580, fully subscribed through in-kind contribution of Bitcoin (BTC). Delivery is expected to be completed on November 2, subject to contractual conditions, and the specific subscription amounts of the two entities were not disclosed.

Meanwhile, the company signed a framework cooperation agreement with ALC on Lightning Network routing business, using BTC held by ALC as liquidity for channels operated by the company to jointly build Japan's domestic routing infrastructure. The raised funds will be used for payment infrastructure development, talent recruitment, routing operations and R&D, with a focus on advancing 'aurora', a Lightning payment service that can be integrated into merchants' existing payment systems via API.

Fulgur is the Japanese base of U.S. venture capital firm Fulgur Ventures, which has focused on investing in Bitcoin and the Lightning Network since 2019 and led Blockstream's USD 210 million funding round in October 2024. ALC is a subsidiary controlled by ANAP, a company listed on the Tokyo Stock Exchange Standard Market.

Source: 深潮 TechFlow