Digital Finance & Tokenization▲
Iore Achieves Total HYPE Acquisition of 100 Million Yen, Also Joins JCBA as Associate Member
Iore, listed on the Tokyo Stock Exchange Growth Market, announced on August 31 that it has made additional acquisitions of the cryptocurrency Hyperliquid (HYPE), bringing the total acquisition amount since its initial purchase on July 28 to 100 million yen. The latest additional acquisition was conducted from July 30 to August 31, with approximately 8,709.57 HYPE acquired at a total cost of 89.915336 million yen, and an average acquisition price of about 10,324 yen. Including the initial purchase, the cumulative acquisition stands at approximately 9,787.82 HYPE, with a total cost of 100 million yen and an average acquisition price of about 10,217 yen. The company described this acquisition as part of its strategic efforts toward realizing its next-generation financial infrastructure initiative, the "Neo Crypto Bank," and stated that it will continue to consider additional acquisitions of digital assets while monitoring market conditions, liquidity, and its own financial situation. Additionally, on September 1, it joined the Japan Cryptoasset Business Association (JCBA) as an associate member, aiming to contribute to the formation of sound rules across the industry.
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2334.JP · Capital · Positive Iore announced cumulative HYPE acquisitions totaling 100 million yen as part of its Neo Crypto Bank initiative.
2334.JP · Regulation · Positive Iore joined the Japan Cryptoasset Business Association as an associate member to help form sound industry rules.
HYPE · Demand · Positive Iore made additional acquisitions of HYPE, bringing cumulative purchases to 100 million yen, signaling real buying demand for the token.