sbi
Japan’s SBI Acquires Stake in Securitize
On SBI investing in his company, Domingo said “I think that the fact that [SBI is] putting their faith and investing in a company like us [is] signifying the move towards more adoption of security tokens.”
SBI Group Introduces Blockchain-Based Money Transfer Service Between Japan And Vietnam
SBI Ripple Asia recently announced that it has joined hands with SBI Remit to provide money transfer services between Japan and Vietnam using blockchain technology. Of course, the two Japanese companies are working with a local Vietnamese bank – Tien Phong commercial joint stock bank – for making the transfer in fiat currency.
Japanese Financial Giant SBI Group to Borrow from Bitcoin Holders at Annual Rate of 1%
SBI Group has rolled out a cryptocurrency rental service dubbed “VC TRADE LENDING” aimed at borrowing Bitcoin from customers in return for 1% annual interest.
Ripple Partner SBI Group to Offer Year-End Benefits to Shareholders through XRP Cryptocurrency
The SBI Group has affirmed that it will be paying its shareholder's end of the year benefits in XRP cryptocurrency.
SBI Holdings Supports Ripple, says that XRP is not a Security in Japan
While many in the crypto industry have moved away from XRP, SBI Holdings has made it clear that it is still a firm supporter of Ripple.
Ripple Is Planning to Go Public, Says SBI CEO
SBI Group, one of Ripple's main shareholders, revealed that Ripple is still considering going public once its lawsuit with the SEC is settled.
SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups
SBI Holdings plans to invest 100 billion yen in startups focusing on Web3, AI, and metaverse, with financial institutions supporting Japan's goal to nurture its startup ecosystem and enhance its Asian startup hub position.
SBI, Sygnum, and Azimut Jointly Established a $75M Venture Capital Fund for Crypto Startups
Japanese financial giant SBI Group, Swiss bank of digital asset management Sygnum, and Italy's Azimut Group jointly raised a US$75 million venture capital fund in Singapore today, aiming to invest in capable start-up companies in the digital asset field.
Northern Trust Partners with NUS to Advance Blockchain for Institutional Investors
Nasdaq listed company Northern Trust (NTRS), the National University of Singapore's School of Computing (NUS Computing), and the Asian Institute of Digital Finance (NUS AIDF) have announced a series of initiatives aimed at shaping the future of blockchain for institutional investors.
US CFTC Approves Clear Markets For Operating Crypto Derivatives
The U.S. Commodity and Futures Trading Commission (CFTC) confirmed it has approved the U.S. subsidiary of electronic trading platform developer Clear Markets to offer physically settled crypto derivatives, according to Clear Markets shareholder SBI Holdings.
MoneyTap Expands in Japan with Three New Bank Integrations
MoneyTap, the Ripple-based payment system, has expanded in Japan with three new local bank integrations through SBI Remit. This enables the banks to offer peer-to-peer remittance services to their customers via the MoneyTap mobile application, which features high-security measures.
Crypto Liquidity Provider B2C2 Acquires Woorton, Strengthening European Crypto Presence
B2C2, a leading crypto liquidity provider, has acquired Woorton, a leading European entity in market-making and over-the-counter transactions for the digital asset sector. Woorton, majority-owned by SBI, has facilitated institutional access to cryptocurrencies and has a clientele of around 250. The acquisition aims to expand B2C2's client base in Europe and tap into client growth opportunities beyond the UK, Asia-Pacific, and USA.
SBI Invests $15 Million into Alpaca, Forges Partnership
Alpaca and SBI Holdings have entered into a strategic partnership, bolstered by a USD15 million investment, to accelerate Alpaca’s business expansion in Asia. This collaboration will extend Alpaca's services to more enterprise financial institutions in Asia for US securities transactions. The investment, a convertible note, takes Alpaca’s total funding to USD120 million, enabling further growth in the Asian market and new product introductions in the U.S.
SBI Digital Taps License to Operate in Singapore
SBI Digital Markets, a subsidiary of SBI Group has announced it has been granted the Capital Markets Services (CMS) Licence from the Monetary Authority of Singapore.
Japan's Financial Giant SBI Group to Shut Down Crypto Mining Operations in Russia
Japanese financial giant SBI Group announced that it will shut down its crypto mining operations in the entire country of Russia.
SBI Remit Expands Ripple XRP Based Remittance Services
SBI Remit expands XRP-based remittance services to Philippines, Vietnam, and Indonesia, integrating Ripple Payments and TRANGLO for real-time, low-cost international payments, accelerating adoption in Southeast Asian markets.
SBI to Launch the First Crypto Fund for Long-term Investors in Japan at the end of November
The Japanese Financial Giant SBI Group stated that it will launch its first cryptocurrency fund in Japan before the end of November to provide Japanese investors with a more diverse portfolio.
Standard Chartered raises $36m for crypto custody platform
Standard Chartered's crypto custody subsidiary, Zodia Custody, has raised $36 million in a series A funding round led by SBI Holdings. Standard Chartered remains the majority shareholder in the firm.
Ripple Most Likely to Relocate Blockchain Firm to Japan Over Other Countries, Says SBI Holdings CEO
It appears that blockchain firm Ripple Labs may favor Japan over other locations when considering new headquarters outside of the United States.
Ripple CEO Brad Garlinghouse Says Japan or Singapore Could be Firm's New Home
Ripple CEO Brad Garlinghouse said that his company has earmarked Singapore and Japan as the most crypto-friendly countries where Ripple Labs could relocate.
Ripple Operations Expand in Asia as it Looks to Explore CBDCs with Central Banks despite SEC Legal Pressure
Despite the Securities and Exchange Commission’s lawsuit against its firm, Ripple has continued to expand its services as a fintech firm.
IAMAI to Host World’s Largest Virtual Global Fintech Fest
New Delhi, 01st July 2020: Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising the two-day virtual Global FinTech Festival on 22-23 July 2020.
Wells Fargo Injects $5M into Blockchain Startup Bridging Crypto Exchanges and Banks to Expand in Asia
US Banking Giant, Wells Fargo is investing in blockchain startup focusing on forensics, Elliptic. Wells Fargo Strategic Capital (WFSC), the venture capital arm of the bank, has decided to inject $5 million into Elliptic’s Series B funding round.
Ripple Continues to Push for CBDC Development, but Will Banks Favor Stellar Lumens’ Technology Instead?
Ripple’s wish to develop CBDC with banking institutions remain a steady aspiration but has its reputation been tarnished by the SEC to the point of no recovery?
SEC Sues Ripple for Sale of “$1.3 Billion Unregistered Securities” as Crypto Leaders Debate over XRP
The SEC has filed a lawsuit against Ripple Labs Inc. for offering unregistered “digital asset securities” through which $1.3 billion was raised.