Home > Quick > Body

SBI Holdings and its subsidiaries invest $50 million in CircleIPO

clock
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.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
New Tab Page - Desk3 | Plugin
Stay ahead of the game in the cryptocurrency space.