Line to explore cryptocurrencies for payment services: sources

Tokyo

LINE is working to integrate cryptocurrencies into its messaging platform as the Tokyo-based company seeks to differentiate its products and services, according to people with knowledge of the matter.

The messaging provider is in discussions with multiple companies on using cryptocurrencies for payment services including Line Pay, said the people, asking not to be identified because the information isn't public. The broader goal is to create products that keep users within Line's ecosystem and keep them coming back to the app, increasing "stickiness", they said.