Cover, which runs VTuber (Virtual Youtuber) group Hololive, has been approved for listing on the Tokyo Stock Exchange. The planned listing date is 27 March.

This is the second VTuber office to list on the stock market, following Anycolor, which operates NIJISANJI.

Hololive currently has 71 VTubers and a total of 72.4 million registered channel users. Proceeds from the new issue of shares will be used mainly to fund equipment for a new studio for the VTuber production business. The large-scale studio for distribution is scheduled to open in Minato Ward in April.

In addition to its distribution activities on Youtube, Hololive focuses on music live performances and other idol activities, and had the first VTuber appear on popular YouTube singing channel The First Take.

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Website: https://cover-corp.com/

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