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LINE Launches Digital Asset Wallet and Blockchain Development Platform

Messaging giant LINE has launched a blockchain platform where developers can issue tokens and run decentralized applications, and a wallet that helps users manage digital assets.

Diperbarui 14 Sep 2021, 9.48 a.m. Diterbitkan 27 Agu 2020, 12.42 a.m. Diterjemahkan oleh AI
LINE (Nikhilesh De / CoinDesk)

Messaging giant LINE has launched a wallet for users to manage digital assets and a blockchain platform where developers can issue their own tokens, tokenize digital assets, and run decentralized applications (dapps).

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  • LINE’s development platform aims to allow companies to easily introduce blockchain technology, CoinDesk Japan reported.
  • LVC Corporation, operator of the company’s crypto and blockchain businesses, and LINE TECH PLUS PTE unveiled the platform, LINE Blockchain Developers and BITMAX Wallet on Wednesday. The wallet services are now only available in Japan, where LINE is particularly well-known.
  • The company is developing the proprietary LINE Blockchain and issued its own token LINK (LN) for trading against several major crypto assets such as bitcoin and ether in 2018.
  • LINE also started offering trading services via its crypto exchange Bitbox. It was approved for a crypto business license in September 2019.
  • The company established the LINE Blockchain Lab in April 2018, which has been tasked to build the LINE Token Economy.
  • LINE, with more than 84 million users in its messaging app, aims to leverage its existing network to jumpstart the development of its token economies and accelerate adoptions of many dapps built on its proprietary blockchain platform.
  • The company is one of a handful of messaging apps that have tried to develop blockchain technology and issue their own tokens, but it stands out for the progress it has made.
  • Canadian messaging company Kik and Russia-originated Telegram have met with lawsuits from the U.S. Securities and Exchange Commission for their controversial fundraising processes called Initial Coin Offering (ICO), while American messaging giant Facebook’s stablecoin project Calibra is stalled and facing major challenges from the U.S legislators and financial authorities.

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KuCoin Hits Record Market Share as 2025 Volumes Outpace Crypto Market

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KuCoin captured a record share of centralised exchange volume in 2025, with more than $1.25tn traded as its volumes grew faster than the wider crypto market.

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  • KuCoin recorded over $1.25 trillion in total trading volume in 2025, equivalent to an average of roughly $114 billion per month, marking its strongest year on record.
  • This performance translated into an all-time high share of centralised exchange volume, as KuCoin’s activity expanded faster than aggregate CEX volumes, which slowed during periods of lower market volatility.
  • Spot and derivatives volumes were evenly split, each exceeding $500 billion for the year, signalling broad-based usage rather than reliance on a single product line.
  • Altcoins accounted for the majority of trading activity, reinforcing KuCoin’s role as a primary liquidity venue beyond BTC and ETH at a time when majors saw more muted turnover.
  • Even as overall crypto volumes softened mid-year, KuCoin maintained elevated baseline activity, indicating structurally higher user engagement rather than short-lived volume spikes.

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Deus X CEO Tim Grant: We aren't replacing finance; we're integrating it

Deus X CEO Tim Grant (Deus X)

The Deus X CEO discussed his journey into digital assets, the company's infrastructure-led growth strategy, and why his Consensus Hong Kong panel promises "real talk only."

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  • Tim Grant entered crypto in 2015 after early exposure to Ripple and Coinbase, drawn by blockchain’s ability to improve traditional finance rather than replace it.
  • Deus X combines investing and operating to build regulated digital finance infrastructure across payments, prime services, and institutional DeFi.
  • Grant will be speaking at Consensus Hong Kong in February.