Japanese crypto exchange operator BACKSEAT completes seed round financing, with cumulative financing reaching approximately US$9.69 million

Odaily News Japanese crypto exchange operator BACKSEAT announced that it has completed its seed round of financing, led by Spiral Capital and Headline Asia, with participation from East Ventures. The company has raised a total of approximately 1.4 billion yen (approximately 9.69 million U.S. dollars) in one year since its establishment. It is reported that the funds raised will be used for product development, talent recruitment and strengthening of organizational structure. BACKSEAT acquired all shares of Japanese crypto exchange "coinbook" in February 2025 and established a wholly-owned subsidiary "BACKSEAT Exchange (BSE)". (CoinDesk)