Mercury's Cryptocurrency Staking Service 'CoinTrade Stake' Begins Handling New Cryptocurrency 'Algorand (ALGO)'

Key facts

  • Mercury's Cryptocurrency Staking Service 'CoinTrade Stake' Begins Handling New Cryptocurrency 'Algorand (ALGO)'
  • Mercury has started handling 'Algorand (ALGO)' in its cryptocurrency staking service 'CoinTrade Stake'. ALGO adopts blockchain technology with minimal environmental impact and enables fast and secure transaction processing.
  • Source: PR Times
  • Date: June 18, 2026

Direct answer

Mercury has started handling 'Algorand (ALGO)' in its cryptocurrency staking service 'CoinTrade Stake'. ALGO adopts blockchain technology with minimal environmental impact and enables fast and secure transaction processing.

Citation
Mercury's Cryptocurrency Staking Service 'CoinTrade Stake' Begins Handling New Cryptocurrency 'Algorand (ALGO)' (June 18, 2026), PR Times
Source
PR Times
Date
June 18, 2026
Mercury has started handling 'Algorand (ALGO)' in its cryptocurrency staking service 'CoinTrade Stake'. ALGO adopts blockchain technology with minimal environmental impact and enables fast and secure transaction processing.

📋 Article Processing Timeline

  • 📰 Published: June 18, 2026 at 03:00
  • 🔍 Collected: June 17, 2026 at 18:18
  • 🤖 AI Analyzed: June 19, 2026 at 06:24 (36h 6m after Collected)
Mercury, a subsidiary of Ceres Corporation (Headquarters: Shibuya-ku, Tokyo, Representative Director and President: Satoshi Tsuki, Securities Code: 3696, hereinafter referred to as Ceres), will start handling 'Algorand (ALGO)' in its cryptocurrency staking service 'CoinTrade Stake (CoinTrade Stake)' provided by the company from June 17, 2026.

Ceres is primarily engaged in the planning, development, and operation of Internet media and operates a points site 'Moppy' that can be exchanged for cash or electronic money. Ceres defines this 'point' as a kind of virtual currency (token) and believes that it has a very high affinity with blockchain technology and cryptocurrencies (tokens) such as Bitcoin, which are global digital payment methods.

Mercury obtained a cryptocurrency exchange license in February 2021 and opened a cryptocurrency exchange 'CoinTrade' where cryptocurrency trading is possible on the app in March of the same year. Since July 2022, when it started the cryptocurrency staking service 'CoinTrade Stake', it has positioned cryptocurrencies as next-generation asset management and started the 'CoinTrade Lending (CoinTrade Lending)' service in July 2024.

This time, 'Algorand (ALGO)', which will be handled by the staking service 'CoinTrade Stake' operated by Mercury, is a blockchain established by Silvio Micali, a professor at the Massachusetts Institute of Technology (MIT) in the United States in 2017. It adopts its own consensus algorithm 'Pure Proof of Stake (PPoS)', realizes rapid and safe transaction processing while minimizing environmental impact with high energy efficiency. In addition, it is also a major feature that carbon neutrality is achieved through design and efforts that consider the environment.

In the future, Ceres will continue to strive for the realization of a token economy (non-cash settlement society) through cryptocurrency and blockchain business together with Mercury, which operates the cryptocurrency exchange 'CoinTrade', and BitBank, Inc., a major domestic cryptocurrency exchange affiliated with the equity method.

About 'Algorand (ALGO)'

Currency unit: ALGO

Consensus algorithm: Pure Proof of Stake

Related site: https://www.algorand-japan.com/

'Algorand (ALGO)' is a blockchain developed by Silvio Micali of the Massachusetts Institute of Technology. While achieving carbon neutrality through design and efforts that consider the environment, it is possible to perform high-speed and secure transaction processing.

Transaction Overview

Minimum order quantity

Expected annual rate (APR)

1~

4.4%

*The annual rate listed is a guide.

*The annual rate may fluctuate depending on the network situation and is not guaranteed.

About CoinTrade (CoinTrade)

It is a cryptocurrency exchange where users can easily trade cryptocurrencies with a user-friendly interface and a simple trading view, and various generations of users can trade cryptocurrencies without getting lost. Account opening is possible in as little as a few hours from the 'CoinTrade' app, making it easy for anyone to use.

Service URL: https://coin-trade.cc/

About CoinTrade Stake (CoinTrade Stake)

It is a mechanism that allows asset management with cryptocurrencies (blockchain), and this mechanism is called 'staking'. It is attracting attention as 'next-generation asset management' based on rewards derived from contributions to the maintenance of the blockchain, which will become the infrastructure of the upcoming Web3 era.

Service URL: https://coin-trade.cc/services/stake/

*Note: The press release and other information posted in this document are as of the date of the announcement and may change due to the passage of time or various subsequent events. Please understand this in advance.

About Risk Information

Products handled by 'CoinTrade' may result in losses due to price fluctuations, etc. This press release is not intended to recommend investments or cryptocurrency trading.

Mercury Company Profile

Company name: Mercury Co., Ltd.

Representative: Representative Director and President Satoshi Tsuki

Location: 12th Floor, Shibuya Infostower, 20-1 Sakuragaoka-cho, Shibuya-ku, Tokyo

URL: https://coin-trade.cc/about/company/

Ceres Company Profile

Company name: Ceres Corporation

Representative: Representative Director and President Satoshi Tsuki

Location: 21st Floor, Shibuya Sakura Stage SHIBUYA Tower, 1 Ban 1-cho, Shibuya-ku, Tokyo

URL: https://ceres-inc.jp/

FAQ

What is CoinTrade Stake?

CoinTrade Stake is an asset management service that uses cryptocurrencies, allowing users to earn rewards through a mechanism called staking.

What are the features of Algorand (ALGO)?

Algorand adopts blockchain technology that minimizes environmental impact and enables fast and secure transaction processing.

Why is the handling of ALGO in CoinTrade Stake important?

ALGO achieves carbon neutrality through its design and efforts that consider the environment, making it an important option for sustainable asset management.

How do I use CoinTrade Stake?

Account opening is possible in as little as a few hours from the CoinTrade app, making it easy for anyone to use.

What are the risks of CoinTrade Stake?

There is a possibility of loss due to price fluctuations in cryptocurrencies. This press release is not intended to recommend investments or cryptocurrency trading.