Share this article
GMO's New Internet Bank Will Settle Payments With Blockchain
Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.
Updated Sep 13, 2021, 8:10 a.m. Published Jul 17, 2018, 12:30 p.m.
Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.
The firm said in a company notice that it had teamed up with Aozora Bank Group on the joint enterprise and that the two firms had been preparing for the launch of the "next-generation" bank since mid-2016.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
The new entity – dubbed GMO Aozora Net Bank – aims to provide new financial services through the integration of fintech and IT, and will leverage advanced security certificates, blockchain, artificial intelligence and internet of things, according to the document.
In a press release, the new bank said it will work with GMO Internet "to develop a new settlement system utilizing blockchain technology."
The bank states:
"Through the application of blockchain technology, there is an increasing expectation for breakthroughs for safer and cheaper payments and financial services."
In the future, GMO Aozora Net Bank further plans to become what it calls a "platform bank," making its payments infrastructure available to other firms under a "white label" licensing scheme.
The bank launch marks GMO's latest project involving blockchain and cryptocurrencies since it launched its own exchange in May 2017 and followed that with a move into the bitcoin mining business in September.
Last month, the firm revealed that it would launch its own bitcoin miner to be shipped from October – the world's first to be based on 7nm chip technology.
Banking app image via GMO Aozora Net Bank
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
ICP Rises, Keeping Price Above Key Support Levels
Internet Computer rose, keeping the price above the $3.40 support zone, with early session volume spikes failing to produce a sustained breakout.
What to know:
- ICP rose 0.6% to $3.44 as early session volume surged 31% above average before fading.
- Resistance near $3.52–$3.55 rejected multiple breakout attempts, keeping the token range-bound.
- Support between $3.36–$3.40 held firm, maintaining ICP’s short-term higher-low structure.
Top Stories
