Japanese Financial Giant SBI Plans to Invest Crypto and Blockchain Companies

Abstract : This fund will be used to invest in unlisted stocks and companies using crypto assets and blockchain technologies.

ChainDD
ChainDD

Oct 05

October 5 (ChainDD) According to NiKKei, the Japanese financial giant SBI Holdings will launch a fund in partnership with digital asset-related Swiss bank Sygnum Bank AG.

This fund will be used to invest in unlisted stocks and companies using crypto assets (virtual currency) and blockchain (distributed ledger) technologies. Besides, the total value of the fund aims at reaching 7 billion yen (about 66.31 million dollar) by 2021.

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