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 crossborder, blockchainbased settlement network.…
Japan’s SBI leads $68M Fasset round at $1B valuation
Fasset raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in Malaysia and to expand stablecoin payments.…
Stablecoin neobank Fasset lands $1 billion valuation as SBI backs its payments push
The firm raised $68 million as its revenue has grown sixfold as stablecoin payments and settlement expand, CEO Mohammad Raafi Hossain told CoinDesk.…
Japanese game developer launches Bitcoin, altcoin fund with SBI
The Bitcoin and altcoin fund builds on Gumi’s growing crypto business centered around XRP, with the company nearly doubling its crypto holdings over the past…
Crypto market maker B2C2 held sale talks with multiple potential buyers
The SBIowned crypto trading firm is said to have attracted takeover interest from a number of suitors over the past 18 months, but valuation has been a…
Japan's SBI Group is building Asia's first cross-border digital asset empire
The securities giant announced today the consolidation of Singaporebased Coinhako as part of a rapid regional expansion that includes a tokenization…
SBI acquires Singaporean crypto platform Coinhako after MAS approval
SBI Holdings received regulatory approval to acquire a majority stake in Singaporebased crypto exchange Coinhako as it expands into stablecoins, onchain…
SBI Holdings' blockchain initiative pivots to Solana for tokenization, stablecoin issuance
The SBI Solana Global joint venture now includes the Solana Foundation, the Swiss organization that oversees the layer1 network. Source：CoinDesk
Japan’s SBI to launch yen stablecoin lending with 3% yield
SBI VC Trade will open JPYSC lending applications on July 16, offering an initial 3% annual rate for a 12week term without deposit insurance.…
Institutional crypto exchange EDX lands $76M from SBI Holdings
The funding round comes as institutional investors continue backing crypto market infrastructure despite slower venture investment across the digital asset…
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk. Source：CoinDesk
Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past…