Japanese financial giant Credit Saison has launched an investment fund for physical asset startups

On September 16th, according to The Block, the venture capital arm of Japanese financial giant Credit Saison will launch Onigiri Capital, a blockchain investment fund. The fund is $50 million and aims to build an institutional bridge between American innovation and mature blockchain and financial networks in Asia, helping founders build global financial products.
Onigiri, backed by Saison Capital, has raised $35 million through "Credit Saison and co-investment by outside investors," with a maximum fund limit of $50 million and additional funds available, according to a spokesperson. The fund will focus on early-stage startups in the real-world asset space, covering financial infrastructure building such as stablecoins, payments, tokenization, and DeFi, with a particular focus on Asia. Credit Saison is a large financial services company in Tokyo, linked to Mizuho Financial Group, the third largest credit card issuer in Japan, and has a multi-sector business. Its venture capital arm has invested in cryptocurrency companies since 2023..