MARBLEX

<p>South Korean gaming company Netmarble made an announcement today that its blockchain subsidiary, MARBLEX, has obtained whitelist approval for its governance token MBX in Japan. This marks a significant milestone for the project, opening up new opportunities for MBX’s utilization within the Japanese market.</p><h2 id="header-0">Crypto listing in Japan</h2><p>In Japan, crypto assets must undergo a rigorous review conducted by the Japanese Financial Services Agency (FSA) before being listed on crypto exchanges. Boasting its stability and reliability, MBX has become the first token from a Korean blockchain gaming project to be added to the Japanese whitelist of crypto assets.</p><p>As part of its expansion plan, MARBLEX is in discussions with Zaif to arrange the listing of the MBX token on the Japanese crypto exchange in October.</p><h2 id="header-1">Utility expansion plan</h2><p>Moon Jun-ki, Business Division Director of MARBLEX, expressed confidence in MBX’s competitiveness as a verified token. He highlighted MARBLEX’s strategy to introduce a token burn policy and expand the token’s utility, all aimed at establishing a sustainable and transparent ecosystem.</p><p>These comments from Moon point to MARBLEX’s overhaul plan for MBX tokenomics. As a key step in this initiative, the blockchain firm <a href="https://medium.com/&#64;coinness.gl/gamefi-oriented-marblex-decides-to-burn-670m-mbx-tokens-73d4139c6628" rel="noopener noreferrer nofollow">burned</a> 67% of its total 1 billion MBX distribution on July 19.</p>

Netmarble’s MARBLEX Secures Whitelist Approval for MBX Token in Japan

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