double jump.tokyo announced on July 13 that it will make RIKYU Inc., the company behind the crypto asset and stablecoin profit-and-loss calculation and accounting cloud service RIKYU, a wholly owned subsidiary. The share transfer agreement was signed on July 10, aiming to provide an integrated service that adds accounting to custody and settlement in response to corporate crypto asset holding and utilization trends. RIKYU is a cloud service that automates everything from on-chain data ingestion to profit-and-loss calculation, journal entry generation, and accounting system integration, linking with over 66 services including domestic and international exchanges, blockchains, and accounting software. It offers three versions for individuals, corporations, and tax accountants. double jump.tokyo has so far supported custody and settlement through its corporate wallet OS N Suite and stablecoin payment business, and this acquisition completes an end-to-end offering that extends to accounting processing. RIKYU will continue as a wholly owned subsidiary with no changes to its service name or existing contracts. Going forward, the two companies will expand offerings for large enterprises and promote the use of on-chain logs for stablecoin payment bookkeeping and accounting audits.
Acquires RIKYU as wholly owned subsidiary, expanding service offering to include accounting.
Becomes wholly owned subsidiary of double jump.tokyo; no operational changes announced.