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Startups

Monex-backed venture to stash genomes in blockchain database

Japan's Genex seeks information from tens of thousands to aid drug development

Monex Group previously acquired Coincheck, a cryptocurrency exchange that fell victim to a roughly $500 million online heist.   © Reuters
EISAKU NITTA, Nikkei staff writer | Japan

TOKYO -- A startup affiliated with online brokerage Monex Group will soon use blockchain technology to compile information on people's genomes in hopes of discovering new medicines.

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