August 28, 2024
bitFlyer Holdings, Inc.
The Change of Company Name of Consolidated Subsidiary(Head office: Minato-ku, Tokyo; CEO: Yuzo Kano; hereinafter "the Company") announcesthat its subsidiary, FTX Japan KK (hereinafter "FTX Japan"), has changed its Company
Name to Custodiem, Inc. ("Custodiem").

Details of the Company Name change
Our subsidiary, FTX Japan, has changed its Company Name as follows. In conjunction withthe Company Name change, the logo and domain name will also be changed.

Custodiem is our registered trademark.
Background of the change of company nameAs announced in the "Notice Concerning Completion of Acquisition of Shares in FTX JapanK.K." dated July 26, 2024, it was necessary for us to change the Company Name of FTXJapan in accordance with the terms of the share transfer agreement. Custodiem is a coined
word that combines "Custody" and "Diem" (money), and expresses our desire to be afinancial institution that our customers feel "secure" and "trust" in as they entrust us with
their valuable assets. The Company Name is highly compatible with cryptocurrency custody,
which will be our core business in the future, as shown in the following basic policy of FTXJapan, which was changed to Custodiem .
 Custodiem will transfer the account to bitFlyer, Inc. with your consent
 Custodiem's core business is a new cryptocustody (crypto asset deposit) business Custodiem will provide crypto asset cash ETF (Note 1) related services based on its corebusiness and in the future, when the legal system in Japan is established.
 Maintain licenses for cryptographic asset exchange business and Type I financial
instruments business depending on the nature of the business you develop as Custodiem
and the services you provide.
Custodiem's core business is cryptocurrency custody services and crypto asset cash ETFrelated services, and bitFlyer Inc.'s core business is crypto asset sales offices and exchanges,
and through collaboration between the groups, we will strive to provide value unique to the
bitFlyer Group. The bitFlyer Group will strive to provide value unique to the bitFlyer Group.
(Note 1) ETFs (Exchange Traded Funds) are investment trusts listed on stock exchanges. An
investment trust is a product in which funds collected from investors are invested andmanaged by investment specialists in stocks, bonds, and other securities. And a crypto asset
cash ETF is an exchange-traded fund that includes physical crypto assets in its investment
portfolio.
Outline of the Subsidiary
former Company Name
New Company Name
Title and name of representativeBusiness
Crypto Asset Exchanger
Registration Number
Type I Financial Instruments
Firm Registration No.

FTX Japan K.K.
Custodiem, Inc.
Representative Director Yukiya Takahashi
Cryptographic asset exchange and financial
instruments businessDirector-General of Kanto Local Finance Bureau No.
00002
Director-General of Kanto Local Finance Bureau No.
3297■Important NoticeThis press release contains forward-looking statements. Such statements are not guarantees
of future results or performance and involve risks and uncertainties. Please note that future
results and performance may differ from actual results and performance as a result ofvarious factors. Please also note that future schedules, etc. have not been finalized at thistime.

For inquiries regarding this matter, please contact
Public Relations, bitFlyer Holdings, Inc.
Midtown Tower, 9-7-1 Akasaka, Minato-ku, Tokyo 107-6233, Japan
Service website: https://bitflyer.com Contact: https://bitflyer.com/ja-jp/contact

Service website: https://bitflyer.com Contact: https://bitflyer.com/ja-jp/contact