Softbank News

Softbank’s telecoms arm is set to become the latest member of the Japanese Security Token Association.

Masayoshi Son found Bitcoin to be “distracting his own focus on his own business.”

Alibaba co-founder Jack Ma resigns from SoftBank’s board of directors as the firm posts the worst operating losses in its history.

SoftBank is expected to lose $12.5 billion driven by its investment in WeWork.

Masayoshi Son reportedly lost over $130 million with his bitcoin investment, according to the Wall Street Journal.

SoftBank will enable global users to conduct international money transfers via RCS, SMS, or mobile email with a blockchain payment system.

Telecoms giant SoftBank Group is lobbying for greater industry Blockchain uptake with a bespoke consortium and products.

Softbank and Saudi Arabia have partnered to launch a $100 bln technology investment fund, which will focus on emerging tech firms and unorthodox markets outside the realm of common investments.