CeFi lending · Japan

LINE BITMAX 暗号資産貸出サービス

Historical crypto-asset lending service launched by LVC Corporation for BITMAX and later operated within LINE BITMAX under LINE Xenesis株式会社. The overall LINE BITMAX service ended on 2026-06-01.

Also known as: LINE BITMAX Lending, BITMAX 暗号資産貸出サービス, BITMAX Lending, LINE BITMAX 貸出

Status
Operations ended
Outcome
Not applicable
Confidence
High
Last verified
2026-08-15
Launch2020-10-07
End2026-06-01
Failure reasonUnknown
Events2
Evidence4
Products1

Case summary

What happened

LVC Corporation announced BITMAX crypto-asset lending with service start on 2020-10-07. Later first-party help material documents variable-period and fixed-period lending courses, including fixed-term contracts that generally could not be cancelled during the term and returned principal plus a contractual lending fee at maturity under the published mechanics. LINE BITMAX later operated under LINE Xenesis株式会社. On 2026-03-03 LINE Xenesis / LY Corporation announced that the entire LINE BITMAX service would end on 2026-06-01. The shutdown plan states that lending applications were stopped and existing lending contracts would be ended sequentially. The platform shutdown date is not treated as the exact end date of every individual lending contract. Remaining customer crypto assets after service end were subject to the published conversion-and-return procedure; that procedure is not treated as proof of universal historical lending performance.

Customer result

Customer outcome

Not applicable

The service-end asset-return procedure is not evidence of universal historical lending performance, a recovery percentage, or a completed claims process. CYA does not invent a common final date for all outstanding lending contracts.

Estimated recovery
Not applicable
Repayment started
Repayment completed
Confidence
High

Asset treatment

Terms risk

Platform-owned

Fixed-period lending generally could not be cancelled during the term under the reviewed first-party product mechanics. Published rates and campaigns remain issuer terms, not verified realized returns. The shutdown process ended contracts sequentially rather than establishing one universal contract end date.

Affected product
LINE BITMAX 暗号資産貸出サービス
Confidence
High

The reviewed materials describe customers lending crypto assets to BITMAX under a lending contract in exchange for contractual lending fees. CYA therefore represents borrower/counterparty economic exposure during the contract and does not infer segregated custody, insurance or guaranteed principal from the exchange service. Exact historical legal terms may vary across lending courses and periods.

Source: LINE BITMAX 暗号資産貸出サービス help

Known unknowns

Uncertainty

The exact final date of every outstanding lending contract is not established as a single date. Launch and later published lending rates are issuer product terms, not independently verified realized returns. Preserve the launch-era LVC Corporation and shutdown-era LINE Xenesis株式会社 operator transition.

Chronology

Historical record

LaunchHigh impact1 sources

BITMAX launches crypto-asset lending

LVC Corporation announced the start of BITMAX's crypto-asset lending service on 2020-10-07, with users lending crypto assets to BITMAX and receiving lending fees.

Issuer-distributed launch authority. Published campaign rates are product terms, not verified realized returns.

Operations endedHigh impact2 sources

LINE BITMAX service ends

LINE Xenesis / LY Corporation announced the overall LINE BITMAX service would end on 2026-06-01. The shutdown plan stopped new lending applications and ended existing lending contracts sequentially as part of the closure process.

The platform shutdown date is not asserted as the exact termination date of every individual lending contract.

Source record

Evidence dossier

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Showing 4 of 4 evidence records

Event

2 sources

status

1 sources
Official statementHighEvent linked

LINE BITMAX サービス終了案内

LINE Xenesis株式会社

Official shutdown plan states lending applications were stopped and existing lending contracts would be ended sequentially. Remaining-balance conversion and return procedures are service-end mechanics, not proof of universal historical lending repayment.

terms risk

1 sources

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