RATE Group | Monex Grants Small Amount of Bitcoin as Year-End Shareholder Benefit
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Monex Grants Small Amount of Bitcoin as Year-End Shareholder Benefit

Monex Grants Small Amount of Bitcoin as Year-End Shareholder Benefit

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Japanese financial services firm Monex — the company behind crypto exchange Coincheck — announced that it will give Bitcoin (BTC) to its shareholders as a year-end benefit for 2019.

According to an announcement on March 23, Monex plans to give to its shareholders 500 yen worth ($4.53) to those who hold the firm’s shares as of March 31 as a year-end benefit for 2019 in addition to existing shareholder benefit. The company will give the Bitcoin to those shareholders who hold an account on cryptocurrency wallet Coincheck. The announcement suggests that this may be a one-time event:

“Please note that it has yet to be determined whether granting the cryptocurrency BTC as a part of shareholder benefits will continue for the fiscal year 2020 and after.”

Monex Group is a publicly-traded financial services firm founded in 1999 which — according to its website — wishes to “create the future of finance.” Company data platform Owler shows that the firm has an annual revenue of…

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