Tag: SBI VC Trade
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SBI Group Unveils New JPY Stablecoin Lending Service Starting July 16
SBI introduces Japan’s first trust-type yen stablecoin lending service with fixed returns. JPYSC Lending offers a 3% annual yield over a 12-week lending period. Japan’s…
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SBI Holdings Takes Full Control of Bitbank in ¥46.7B Acquisition
SBI will acquire bitbank for ¥46.7B through a multi-stage transaction ending in October 2026. Combined platform will manage ¥1.1T in customer assets across nearly 2.92…
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Ripple’s RLUSD Launches in Japan After Key Regulatory Approval
RLUSD gains regulated access to Japan through JFSA approval and SBI VC Trade. Ripple expands stablecoin adoption in Asia with institutional and retail market access.…
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SBI-Backed JPYSC Goes Live as Japan Expands Stablecoin Infrastructure
JPYSC becomes Japan’s first trust-bank-backed stablecoin pegged to the yen. SBI and Startale aim to expand blockchain payments and asset settlements. The stablecoin launches on…
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SBI VC Trade Finalizes Deal to Receive DMM Bitcoin Assets
SBI VC Trade will transfer DMM Bitcoin’s assets after a major hack in May 2024, offering staking rewards starting April 2025. Japanese crypto firm SBI…
