Blockchain
Japanese Powerhouses mixi and DAZN Partner to Create a Sports NFT Marketplace on Flow
Media powerhouse mixi, Inc. and global sports streaming service DAZN Japan Investment GK announced that DAZN MOMENTS, a sports NFT marketplace, will launch on Flow, a leading Web3 platform designed for consumer-friendly applications. The announcement was made locally in Japan with Flow confirming the new marketplace will launch in the spring.
DAZN MOMENTS joins the thriving sports ecosystem on Flow, home to NBA Top Shot, NFL ALL DAY, UFC Strike, Crictos, and The Players’ Lounge, among others.
The DAZN MOMENTS marketplace will allow users to collect moments of super skills of players as well as memorable moments of various sports in Japan. DAZN MOMENTS will draw upon mixi’s success in entertainment and sports – including the social network mixi – as well as the mobile game Monster Strike, which has grossed more than $9 billion since its launch in 2013; and DAZN’s global lead in streaming live and on-demand sports events to more than 200 countries and territories.
“mixi is a true example of the best-in-class Japanese-based companies that are emerging on Flow,” said Mik Naayem, Chief Business Officer and Co-Founder of Dapper Labs. “mixi has led the charge on game-changing platforms, and DAZN has pioneered sports streaming around the globe. By giving fans an awesome experience and an easy way to get engaged, the launch of DAZN MOMENTS will be a true watershed moment for Web3 adoption in Japan.”
“Bringing DAZN’s rich content to NFT moments on Flow will bring traditional memorabilia to life in the digital world in Japan,” said Koki Kimura, President and Representative Director of mixi. “Dapper Labs’ creativity in design and functionality has inspired us for DAZN MOMENTS and we hope to bring that same level of energy captured in the U.S. to Japan.”
“We’re excited to partner with mixi to unlock NFTs for various sports in Japan,” Manabu Yamada, Executive Vice President of DAZN Japan. “We unlocked live streaming sports five years ago, and we’re excited to bring that next-generation of innovation to how fans engage with their favorite moments through valuable NFTs.”
mixi and DAZN Japan have been working together since December 2020, bringing DAZN data into Fansta, mixi’s restaurant and bar search application. This gives fans an easy way to find places to watch their favorite sporting events. Coming in the Spring, Japanese fans will be able to collect moments from their favorite sporting events through the DAZN MOMENTS marketplace on Flow. mixi will donate a part of the profits to sports associations to support the continued development of sports in Japan.
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Blockchain
Kyrrex Expands into the U.S. Market, Offering Crypto Solutions with Low Fees
Kyrrex, a crypto ecosystem, is thrilled to announce its official launch in the United States. With operations now live in ten states, Kyrrex is poised to offer American users a platform for cryptocurrency trading, payments, and wallet management.
Kyrrex’s U.S. platform enables users to buy and trade cryptocurrencies with competitive commissions of just 0.2%, making crypto transactions efficient and cost-effective. Available in California, Colorado, Hawaii, Utah, Indiana, Wisconsin, Missouri, Montana, Massachusetts, and Wyoming, Kyrrex is rapidly expanding to other regions across the U.S.
“We’re incredibly excited to bring Kyrrex to the U.S. market,” said Mike Romanenko, CVO & Co-Founder at Kyrrex. “Our platform is designed to offer American users a safe and reliable way to manage all their crypto needs, and we look forward to growing our presence across the country.”
Why the U.S. Market Matters for European Crypto Companies
The U.S. represents one of the largest and most dynamic crypto markets in the world. As of 2024, the U.S. accounts for over 25% of global cryptocurrency activity, driven by increasing institutional investment and mainstream adoption. The approval of Bitcoin exchange-traded Funds (ETFs) has boosted institutional interest significantly, signaling a shift toward greater acceptance of cryptocurrencies as full-fledged assets. By 2025, the U.S. crypto market is expected to see substantial growth, with estimates projecting a compound annual growth rate (CAGR) of over 12% in the sector, supported by both retail and institutional demand. For companies like Kyrrex, entering the U.S. market is a strategic move to expand user reach and tap into this rapidly evolving landscape, which offers vast potential for innovation and growth.
Kyrrex’s expansion into the U.S. is a testament to the company’s commitment to building a global crypto ecosystem that connects crypto-related services in one platform. By providing American users with access to a platform that offers crypto trading, wallet services, and low-fee purchases via debit and credit cards, Kyrrex is positioned to be a responsible player in the U.S. market. After six years of building a comprehensive crypto ecosystem, the company continues to lead with regulatory compliance. Today, Kyrrex’s achievements include:
- Saint Vincent and the Grenadines: Kyrrex Limited is registered and recognized by the SVG Financial Services Authority, providing a foundation of trust and security;
- Malta: REX, part of the Kyrrex ecosystem, obtained a prestigious VFA Class 4 license in 2021, allowing the platform to offer Virtual Financial Assets (VFA) services while maintaining the highest European regulatory standards;
- United States: Kyrrex is registered with FinCEN as a Money Services Business (MSB) and is available in 10 U.S. states, including California, Massachusetts, and Utah.
Kyrrex ecosystem is also preparing for future regulatory changes by applying for a Class 3 MiCA (Markets in Crypto-Assets) license and an EMI (Electronic Money Institution) license in Malta and the U.K. Also, the company applied for an Investments Services license, which will enable brokerage services from and within Malta. This strategic approach ensures that Kyrrex will continue to offer secure and compliant services across multiple jurisdictions.
“Kyrrex’s entry into the U.S. comes at a critical time as regulations around cryptocurrency continue to evolve. The company’s commitment to regulatory compliance demonstrated through adherence to U.S. state law, positions Kyrrex as a responsible and reliable platform for American users. As part of Kyrrex’s mission, we will continue working closely with U.S. regulators to ensure that our platform remains compliant with the highest regulatory standards.”, stated Mr. Romanenko from Kyrrex.
With plans to expand into more states and enhance its service offerings, Kyrrex is dedicated to reshaping the operations of digital assets by providing users with secure, efficient, and regulated crypto solutions.
The post Kyrrex Expands into the U.S. Market, Offering Crypto Solutions with Low Fees appeared first on HIPTHER Alerts.
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