SBI Holdings and its subsidiaries invest $50 million in CircleIPO
2025-06-10 04:11:18
According to The Crypto Basic, Ripple partner SBI Holdings and its affiliate SBI Shinsei Bank announced a $50 million investment in USDC issuer Circle following Circle's IPO. The investment was funded by $25 million each from SBI Holdings and SBI Shinsei Bank.
Previously, SBI established a joint venture company, Circle SBI Japan KK, in March 2025, with the aim of promoting the adoption and circulation of USDC in the Japanese market.
Previously, SBI established a joint venture company, Circle SBI Japan KK, in March 2025, with the aim of promoting the adoption and circulation of USDC in the Japanese market.
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