Tag: SBI

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Ethereum

SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.
Ethereum

Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push

The firm raised $68 million as its revenue has grown six-fold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.
Markets

SBI Holdings Takes Majority Stake In Singapore’s Coinhako After MAS Approval

SBI Holdings has completed the acquisition of a majority stake in Coinhako, a Singapore-based cryptocurrency platform, after securing approval from the Monetary Authority of...
DeFi

SBI Holdings’ blockchain initiative pivots to Solana for tokenization, stablecoin issuance

Japanese asset giant SBI Holdings' (8473) blockchain initiative is turning to Solana for its stablecoin and real-world asset (RWA) tokenization efforts.SBI Solana Global, previously...
DeFi

Gauntlet Raises $125M Series C From SBI Holdings

SBI Holdings was the sole investor in the round, which Gauntlet says will fund expansion into stablecoins, tokenization and traditional capital markets infrastructure.Gauntlet, a...
DeFi

EDX Markets Closes $76M Series C Led by SBI Holdings

EDX Markets, an institutional-only crypto trading venue with its own central clearinghouse, closed a $76 million Series C funding round led by SBI Holdings,...
DeFi

EDX Markets raises $76 million in Series C funding round led by SBI Holdings

EDX Markets, an institutional cryptocurrency trading platform, said it raised $76 million in a Series C funding round led by SBI Holdings.The company plans...
Ethereum

SBI Crypto to shut down mining pool that holds roughly 2% of Bitcoin’s hashrate

SBI Crypto has announced it will shut down its mining pool on July 31, ending a service tied to one of Japan’s largest financial...
Markets

Why SBI paid $289 million for an unprofitable crypto exchange: Architect Partners

SBI Holdings is a financial services group with businesses spanning securities, banking, insurance, asset management and venture investing with a market capitalization of about...
DeFi

Japanese giant SBI Holdings to buy Bitbank for $289 million

Japanese financial services giant SBI Holdings said it agreed to buy cryptocurrency exchange Bitbank for around $289 million.The Tokyo-based bank first floated the idea...
DeFi

Ripple Launches RLUSD in Japan via SBI as Circle and Nomura Join Stablecoin Race

Ripple's RLUSD stablecoin went live in Japan on Tuesday after receiving approval from Japan's Financial Services Agency, becoming the first foreign-issued stablecoin classified under...
Markets

Japan's SBI Securities, Rakuten Securities plan to offer crypto investment trusts

Another 11 companies responded to a survey saying they would consider offering crypto funds once the regulatory environment becomes clear.
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