Foundation: 2018
Headquarters: Chuo Ward, Tokyo
CEO: Yoshinori Fukushima
Executive Summary: LayerX is a startup promoting digital transformation in various industries, including in the financial field, centered on blockchain technology. Its stated mission is to make every economic activity in Japan digital since it believes it can create “a new economic base” by easing the completion of tasks and thus raising productivity. Among its businesses is “Bakuraku Invoice,” a cloud-based digital accounting system. Its software automates all accounting processes such as receiving invoices, accounting, and payment. More than 1,500 companies have signed up for this service. An affiliate company, Mitsui & Co. Digital Asset Management, aims to return a huge amount of “sleeping money” back to productive economic activity. Additionally, LayerX and Recruit Holdings are collaborating on the research and development of security and privacy protection technology. Its annual income is undisclosed.