S.BLOX Lists ADA and NIGHT Token, Expanding Cardano Presence in Japan
Cardano has made significant inroads into Japan after Sony-backed cryptocurrency exchange S.BLOX added support for ADA and Midnight's privacy-focused NIGHT token. Starting August 24, Cardano trading will become available on S.BLOX, which is owned by the Sony Group Corporation. This move gives Cardano greater exposure in Japan, a market known for its strict listing requirements.
S.BLOX launched a promotional campaign to celebrate the listing, offering eligible users up to 10,000 yen worth of ADA. The exchange also introduced support for NIGHT, the native token associated with Cardano's privacy-focused Midnight network. This is the first time NIGHT has been listed by any domestic crypto-asset exchange operator in Japan.
Cardano founder Charles Hoskinson welcomed the development during a recent livestream, describing NIGHT's Japanese debut as a major milestone. He highlighted the lengthy and rigorous process cryptocurrency projects face before securing approval for exchange listings in Japan.