Blockchain Firm Bitfury Appoints Katsuya Konno To Lead Japan Expansionbr>
Blockchain infrastructure provider Bitfury has announced that Katsuya Konno will lead its business expansion in the strategically important market of Japan.
Founded in 2011, Bitfury is a full service blockchain technology company and one of the largest private infrastructure providers in the blockchain ecosystem. It also operates mining farms in Canada, Norway, Iceland and the Republic of Georgia. Bitfury’s subsidiary is an industry leader in sustainable datacenter and computing solutions. Its proprietary 2-phase immersion cooling solution is covered by multiple patents globally and significantly reduces datacenter size and environmental footprint while delivering increased computing capabilities.
Prior to joining Bitfury, Konno spent almost eight years at SoftBank Group, where he worked on large M&A and venture deals worth more than $60 billion, including the acquisition of Sprint. From 2011 to 2013, Konno led the establishment of SoftBank’s venture capital arm in the US and Southeast Asia. He has also driven many financing deals, including financing for the acquisition of ARM Holdings Plc., issuing mandatory exchangeable bonds backed by Alibaba Group Holding Limited, hybrid bonds, and more. In October 2016, Konno joined cryptocurrency fintech firm Quoine and managed its exchange “Liquid by Quoine” as the Company Representative and Board of Director in Japan.
“I am thrilled to lead Bitfury’s business expansion across Japan, where people enthusiastically embrace innovative technologies that improve the systems and services they use every day,” said Konno. “I am honored to lead Bitfury’s efforts in Japan, and I look forward to bringing the company’s state-of-the-art products to new customers here.”
According to Bitfury, Konno’s appointment underscores its ongoing commitment to develop cutting-edge technology solutions for businesses, governments, organizations and individuals across Japan and the rest of Asia.
“We are pleased that Katsu has joined our team,” said Valery Vavilov, CEO and co-founder of Bitfury. “Japan is an innovative society and a crucial area of growth for emerging technologies like blockchain, AI and high-performance computing. We look forward to working with Katsu to build new customer relationships and design the products they need to make their enterprises run more securely and efficiently.”