Tacen Announces Acquisition of Japanese Software Company, Kawazu Sakura Software

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Investment to Bolster In-House Engineering Team and Expand Global Footprint

CHEYENNE, Wyo.–(BUSINESS WIRE)–Tacen, a legal-first crypto software company, has announced its acquisition of Japanese software company, Kawazu Sakura Software. Kawazu Sakura Software is composed of skilled software developers aiming to create high-quality mobile and web applications through the utilization of emerging technologies. The acquisition has more than doubled Tacen’s engineering team and will accelerate the development of Tacen’s novel hybrid-decentralized exchange (hDEX) solution.

Caribbean News Global Tacen_Logo_Final Tacen Announces Acquisition of Japanese Software Company, Kawazu Sakura Software

With this acquisition, Tacen, together with Kawazu Sakura Software, is showing its commitment towards increasing blockchain technology adoption in Japan. As a member of the Blockchain Association, Tacen believes in moving forward in a legal-first and compliant way. Recent regulatory progress in the crypto industry around the world–especially in Dubai, the U.S., the EU and Asia-Pacific–demonstrates that the technology is here to stay. Tacen encourages companies interested in partnerships or growing their expertise in this new industry to reach out to hello@tacen.com.

“Our team has thoroughly enjoyed and benefited from our work with Tacen thus far,” said Patrick Klitzke, CEO of Kawazu Sakura Software. “We feel that bringing our background in software and application development to Tacen Compliance and its new hDEX has been–and will continue to be–an immensely fruitful relationship. Working as part of the larger Tacen network gives our team the ability to provide value to the world of blockchain by increasing accessibility through innovative UI/UX design.”

Since its founding in late 2018, Kawazu Sakura Software has already developed apps for multiple clients including Blast, Protonchain, Dentsu and Mapify. Using the latest technologies to hit the market, ranging from mobile frameworks and content management systems to novel coding languages and Web3, Kawazu Sakura Software has proven itself a pioneer in the development of next-gen applications.

Tacen recently launched Tacen Compliance, the company’s inaugural product providing an end-to-end token issuance suite for companies seeking to launch tokens in compliance with U.S.-based regulations. Working behind the scenes as part of a longstanding partnership, the Kawazu Sakura Software team has previously assisted Tacen in building out the front-end of the solution. Now focused on developing the user interface (UI) for Tacen’s hDEX, the newly integrated team of Kawazu Sakura Software and Tacen engineers will aid in the growth trajectory of the Tacen brand.

“We are incredibly excited to be integrating Kawazu Sakura Software’s extensive smart contract expertise into the Tacen ecosystem,” said Jae Yang, CEO and founder of Tacen. “As we continue to expand Tacen and our suite of offerings, it is essential that we simultaneously grow the engineering team developing this software solution. This acquisition significantly increases our ability to deliver high-quality products on mobile and other platforms. As such, it’s a natural outgrowth of our desire to offer robust, multifaceted products–providing the most complete software solutions on the market.”

Following its acquisition by Tacen, Kawazu Sakura Software is actively looking to expand and hiring software developers to grow the team. For more information about employment opportunities with Kawazu Sakura Software, inquire at contact@kawazu-sakura-software.co.jp.

About Tacen

Tacen is a US-based software company developing compliance software for a well-regulated crypto space. Tailoring its unique hybrid-decentralized architecture to build the world’s first global decentralized settlement layer, Tacen aims to support multiple exchanges and marketplaces for digital assets, NFTs, and more. Tacen Compliance, the company’s inaugural product offering and end-to-end token issuance suite, demonstrates Tacen’s commitment to ensuring compliance, security, and privacy at every step of the user experience. With a team of industry-leading engineers and a compliance-driven executive team, Tacen is well positioned to revolutionize the next generation of regulatory compliant crypto software. To learn more about Tacen, please visit tacen.com.

About Kawazu Sakura Software

Kawazu Sakura Software is a Japan-based software company that develops mobile apps and websites for a range of clients using the latest technologies. Kawazu Sakura has been active in the crypto space since 2018, and is well-positioned to accelerate the development of Tacen’s products. To learn more about Kawazu Sakura Software, please visit kawazu-sakura-software.co.jp

Contacts

Sarah Krieger

On Behalf of Tacen

tacen@wachsman.com