SBI Holdings

Funding Rounds

Japan’s SBI Investing ‘Eight-Figure’ Sum in Swiss Crypto Bank Sygnum

Tanzeel AkhtarFeb 18, 2021

SBI's digital assets subsidiary will lead a round that will have raised around $30 million for the Swiss firm over six months.

Mergers

Japan’s SBI in Talks Over Joint Venture to Make Crypto a Core Revenue: Source

Sebastian SinclairFeb 15, 2021

SBI founder and CEO Yoshitaka Kitao said his firm would turn the planned crypto venture into a core source of profitability.

SBI Holdings

SBI Is Offering Shareholders Option of Getting XRP as Reward for 2nd Year

Tanzeel AkhtarMar 12, 2021

SBI's support of XRP is a sign of the digital token's continued strong fan base in Japan.

Stock Exchanges

Japan to Have Blockchain-Based Stock Exchange in 2022

Tanzeel AkhtarJan 29, 2021

The exchange reportedly planned by SBI and SMFG is expected to be the first of its kind in Japan.

Ripple Effect

XRP Is a Crypto Asset in Japan, Not a Security, Ripple Partner SBI Claims

Daniel CawreyDec 28, 2020

The SBI Holdings statement refers to a research article by Sadakazu Osaki of the Nomura Research Institute indicating that under Japanese law XRP is a "cryptocurrency asset" and not a security.

SBI Holdings

Crypto Lending

Leading Japanese Financial Firm SBI Holdings Rolls Out Crypto Lending Services

Jaspreet Kalra

A subsidiary of SBI Holdings said it's launched a service allowing users to ‘lend’ bitcoin to the firm and earn an interest at the rate of 1% annually in return.

STOs

SBI Subsidiary to Hold Security Token Offering Later This Month

Daniel Palmer

The Japanese financial group is also mulling other business lines around tokenized securities.

Derivatives

Japanese Financial Giant SBI Holdings Launches Short-Term Crypto Derivatives

Daniel Palmer

Already live on SBI's forex trading platform, the contracts for difference (CFDs) are available in bitcoin, ether and XRP flavors.

Prime Brokers

Crypto Trading Firm B2C2 Eyes Prime Brokerage Space With $30M Stake Sale to SBI

Daniel Palmer

B2C2 wants to use its new partnership with SBI Holdings as a route to becoming a crypto prime broker.

Japan

Financial Firm SBI Holdings to Offer XRP Cryptocurrency as Shareholders’ Benefit

Daniel Palmer

Japan's crypto-friendly financial firm SBI Holdings will give shareholders the option to receive the XRP cryptocurrency as a benefit.

Mining

SBI, GMO to Rent Capacity at Massive Bitcoin Mine in Texas: Report

Daniel Palmer

Potentially the world's biggest bitcoin mine, one still under construction, is said to have signed up two top corporate customers in the form of SBI Holdings and GMO.

Ripple

Ripple Raises $200M in Series-C Round Led by Tetragon

Daniel Palmer

Blockchain-based payments firm Ripple has raised $200 million in a Series-C funding round with Tetragon, SBI Holdings and Route 66 Ventures all investing.