Glossary

Zipangcoin Silver

Zipangcoin Silver is a crypto asset issued by Mitsui & Co. Digital Commodities, Ltd. 1 ZPGAG aims to have a value equivalent to 1 gram of physical silver and generally track the price of physical silver.

Due to its mechanism for price formation and value preservation, this crypto asset holds asset and investment traits similar to those of physical silver.

As a crypto asset, Zipangcoin Silver enables small-scale transactions at a lower cost and serves as a reliable, convenient asset management and inflation hedging asset.
Like Zipangcoin (ZPG), Zipangcoin Silver uses the proprietary private blockchain Miyabi developed by bitFlyer Blockchain, Inc. as its underlying system.

bitFlyer Blockchain Inc. is the wholly owned subsidiary of bitFlyer Holdings, Inc., the parent company of bitFlyer Inc. Based on this reciprocal relationship, companies belonging to the bitFlyer Group, including the crypto asset exchange operator bitFlyer Inc. may continue to receive support from Mitsui & Co. Digital Commodities, Ltd. and Digital Asset Markets Inc. with respect to Zipangcoin Silver (ZPGAG).

Regarding Disclosure of the Actual Collateral Status of Zipangcoin Silver

Information regarding the actual collateral status of Zipangcoin Silver is regularly disclosed and published by the issuer. For more information, please refer to the issuer's website (https://www.mitsuidc.com/news).