SBI News

The SBI crypto-asset fund consists of seven cryptocurrencies including Bitcoin, Ethereum, Litecoin, XRP, Bitcoin Cash, Chainlink and Polkadot, none exceeding more than 20% in ratio.

Coinhako received regulatory approval from the Monetary Authority of Singapore just a month before the SBI funding.

The crypto venture is expected to formalize its operation by the end of 2021 and start offering its services by early 2022.

Like other large-cap legacy altcoins, XRP is stuck in a rut and data suggests investors are content just to sit and watch.

An SBI exec said that the company would consider launching a second crypto fund depending on the success of the first.

Japan’s first On-Demand Liquidity service implementation helps Ripple drive the adoption of crypto-enabled services.

The largest outside-Ripple shareholder believes that the XRP-related firm will go public shortly after settling its lawsuit with the SEC.

SBI’s total pre-tax profit from its crypto business surged above $174 million in the past fiscal year.

The mining subsidiary of Japanese financial conglomerate SBI Holdings is opening its pool services to institutional and retail customers alike.

SBI Holdings subsidiary Morningstar started its XRP shareholder benefits in 2019.

SBI Holdings is reportedly considering mergers and acquisitions as a means of solidifying a potential deal.

After launching its crypto lending service in late 2020, SBI has now added support for XRP.

The upcoming digital stock exchange is expected to be the first Japanese exchange to trade digital securities using blockchain technology.

Japan’s biggest brokerages are looking to compete with the country’s crypto-native exchanges for digital asset market share.

Japanese financial services firm SBI has acquired a 90% stake in trading firm B2C2, hopes to attract institutional investors into crypto.