Earlyworks and CAICA DIGITAL Entered into a Business Alliance Agreement to Support the Expansion of Web3 Business
Earlyworks Co., Ltd. (ELWS)
Company Research
Source: GlobeNewswire
TOKYO, Sept. 19, 2024 (GLOBE NEWSWIRE) -- Earlyworks Co., Ltd. (NASDAQ: ELWS) ("Earlyworks" or the "Company"), a blockchain solution provider headquartered in Taito-ku, Tokyo which develops its proprietary blockchain technology, Grid Ledger System ("GLS"), has signed a business alliance agreement with CAICA DIGITAL Inc. ("CAICA"), a company headquartered in Minato-ku, Tokyo which develops system solutions for the financial industry and Web3 businesses. Together, the Company and CAICA will provide comprehensive support to businesses engaged in Web3 projects. Market Potential and Alliance Background The global market for blockchain, a leading Web3 technology, continues to grow every year and is expected to reach approximately $404.1 billion in 2030 (*1). The market is expected to grow 38-fold in the seven years from 2023 to 2030 (*1), and such market potential is attracting more attention around the world. On the other hand, the Japanese blockchain market share was estimated to be
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ELWS
Sec Filings
- 8/26/24 - Form 20-F
- 7/5/24 - Form 6-K
- ELWS's page on the SEC website