Key highlights: SBI Holdings snaps up a majority stake in Singapore-based crypto exchange Coinhako. Exact valuation for the deal is still under wraps, with MAS approving the acquisition. SBI Holdings is extending its footprint beyond Japan in a bullish expansionist model. Japan-based financial conglomerate SBI Holdings has acquired a majority stake in Holdbuild, the parent […]
Tag: SBI
Key highlights: Evernorth has launched a Japanese account that would focus on local market updates and XRP ecosystem education The firm also plans to go public, trading under the ticker XRPN The firm’s last disclosure showed that they were holding about 470 million XRP, which equalled $1 billion at the time The via X (automatically […]
Key highlights: Japan’s SBI Group and Startale have teamed up to launch the JPYSC stablecoin. The stablecoin, built for institutional use, is the first to be issued by a trust bank in Japan. Japan is racing to reduce the dominance of dollar-backed stablecoins in the country. SBI Group and Startale Group have announced the launch […]