SBI Holdings | Crypto

The funding round comes as institutional investors continue backing crypto market infrastructure despite slower venture investment across the digital asset sector. 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 one of the larger funding rounds this year for crypto market infrastructure as institutional adoption continues to expand. The company said Monday it will use the proceeds to expand its spot trading, clearing and settlement services, develop new products and grow internationally. EDX operates a US-focused institutional spot exchange and a Singapore-based perpetual futures venue for eligible non-US institutional clients. The latest round builds on previous backing from traditional financial companies, including Citadel Securities, Fidelity Digital Assets, Virtu Financial and Charles Schwab, highlighting continued investor appetite for institutional crypto infrastructure despite a slower ve...

Japan's SBI Holdings will issue a ¥10 billion retail bond on March 24, but the story is the XRP perk dangled in front of buyers, conditional on opening an account at SBI VC Trade and completing receipt procedures by noon on May 11. Pricing drops on March 10, subscription runs from March 11-23, and secondary […] The post SBI Holdings is dangling XRP to sell a plain three year bond, but the numbers show how small appeared first on CryptoSlate.

Japan’s SBI Holdings has signed a letter of intent to buy a controlling stake in Singapore-licensed crypto exchange Coinhako. Japanese financial conglomerate SBI Holdings is moving to deepen its presence in the crypto sector, announcing plans to take a controlling position in Singapore-based exchange Coinhako. In a Friday announcement, the Tokyo-listed firm said its wholly owned subsidiary, SBI Ventures Asset, has signed a letter of intent with Coinhako’s parent company, Holdbuild, to inject capital into the business and purchase shares from existing investors. If completed, the transaction would give SBI Holdings a majority stake and make Coinhako a consolidated subsidiary, subject to regulatory approval. “Bringing Coinhako into the SBI Group as a consolidated subsidiary is not merely an investment in a single platform,” chairman and CEO Yoshitaka Kitao said, describing the acquisition as part of a broader effort to build international infrastructure for digital assets, including tokenized securities and sta...

SBI Holdings and Startale, as a joint venture, will provide 24/7 onchain tokenized stock and other financial assets trading and cross-border settlement infrastructure with lower fees. The post SBI Holdings and Startale Reveal Onchain Platform for Tokenized Stocks and RWAs appeared first on Cryptonews.