Blockstream, Crypto Company, founded by the legendary Bitcoin (BTC) developer Adam Back, is expanding its global presence with the opening of a new office in Tokyo, the company said in a press release on Wednesday.

The company collaborates in the region with Diamond Hands, Japan’s leading strategic consultancy and the investment company Fulgur Ventures.

Blockstream plans to operate the adoption of Bitcoin Layer-2 and self-indulgence technologies in Japan, the company as well as tokenization of assets in the real world (RWA) said.

Japanese companies have shown increased interest in the world’s largest cryptocurrency. Metaplanet (3350), the hotel investor, recently announced the largest capital increase in Asian stock market history to buy Bitcoin.

Blockstream is looking to support local businesses that want to participate in the Bitcoin economy and can offer the Treasury, Payment Infrastructure and Parental Authority, the company says.

“With increased legislative clarity and rising institutional interest in Bitcoin, the moment is now for Blockstream to establish a direct presence in Japan, one of our most important markets,” said Adam Back, co -founder and CEO of Blockstream.

“We look forward to strengthening Japanese companies and individuals to fully utilize Bitcoin as the basis for an economic future that is safe, scalable and decentralized,” added back.

Blockstream Capital, the investment arm for the company, recently invested $ 75 million in Bitcoin in Komainu, a joint venture for custody between Nomura, Ledger and CoinShares.

Read more: Nomura-supported Komainu receives $ 75 million. Bitcoin investing from Blockstream Capital