Noah Ark Technologies Ltd, a firm that plans to open cryptocurrency exchanges in Japan, has been reported considering acquiring Beat Holdings, a financial information and services provider. Noah Ark already owns more than 50% of Beat Holdings shares, and the Tokyo Stock Exchange (TSE) has been ‘troubled’ by the acquisition, since Noah is not registered to provide crypto services in Japan.

The acquisition is also seen as a move to gain increased credibility, since Beat Holding shares are traded on the TSE.

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