Institutional crypto exchange EDX lands $76M from SBI Holdings
EDX Markets, a cryptocurrency exchange focused on institutional investors, has raised $76 million in a Series C funding round led by Japan’s SBI Holdings, marking...
Tag : SBI
Japanese Financial Giant SBI to Shut Down Bitcoin Mining Pool
In brief SBI Crypto is ending its Bitcoin mining pool service, the 11th largest according to Hashrate Index. The firm joins a growing list of...
SBI Crypto shuts Bitcoin mining pool after five-year run
SBI Crypto will shut down its Bitcoin mining pool on July 31 after more than five years, ranking 12th globally with about 2.2% of hashrate...
SBI Holdings Says $289 Million Bitbank Deal Will Make It Japan's Largest Crypto Exchange
In brief SBI Holdings is buying Tokyo crypto exchange Bitbank for about $289 million, making it a wholly owned subsidiary. Combined with SBI VC Trade,...
SBI to acquire Bitbank in $289M deal creating Japan's biggest crypto exchange
Japan’s SBI Holdings has signed agreements to acquire full control of crypto exchange Bitbank through a 46.7 billion Japanese yen ($289 million) transaction, advancing a...
SBI Group Launches JPYSC, Japan’s First Trust Bank-Backed Yen Stablecoin
JPYSC has officially launched today, Japan’s first trust bank-backed yen stablecoin, issued by SBI Shinsei Trust Bank and distributed exclusively through SBI VC Trade. The...
SBI Shinsei links bank deposits to crypto rewards in Japan: Nikkei
SBI Shinsei Bank will reportedly launch a service that rewards deposit customers with cryptocurrency exchange vouchers based on their account balances. According to a Nikkei...
Ripple-backed SBI takes control of WIZE’s Solana treasury
Ripple-backed SBI Holdings has expanded its role in Solana’s institutional ecosystem after its crypto subsidiary secured responsibility for managing the SOL treasury operations of Tokyo-listed...
The Ripple Factor: Why SBI Is Prioritizing XRP Over Ethereum for Japanese ETFs
SBI Holdings has filed for Japan’s first spot Ripple XRP ETF, deliberately skipping Ethereum and targeting $32 billion in institutional assets. It is seen as...
SBI, Rakuten and Nomura prepare crypto investment trusts in Japan
Japan’s major brokerage groups are preparing crypto investment trust products as regulators work toward allowing funds to hold digital assets by 2028. Summary SBI and...