Japan Open Chain (JOC) Announces Strategic Partnership and Investment from Bifrost
We are pleased to announce that Japan Blockchain Infrastructure Co., Ltd. (CEO: Hidekazu Kondo, hereafter referred to as 'our company'), which operates and manages the consortium for Japan Open Chain (JOC), a fully Ethereum-compatible public chain run by Japanese companies, has officially entered into a strategic partnership and investment agreement with Bifrost (CEO: Dohyun Pak). This partnership aims to leverage cross-chain technology to expand blockchain networks and build an ecosystem that facilitates Web2 companies' entry into the Web3 space.
This partnership will enhance JOC's connectivity with the global cross-chain ecosystem, further accelerating the expansion of diverse blockchain business opportunities. By leveraging Bifrost's technology and expertise, the practical application of Web3 in Japan will be promoted, and the JOC ecosystem is expected to achieve further growth.