Regulated stablecoin services Financial Institution Group Bastion has announced a strategic partnership with Sony Bank's joint stock company.
Bastion and Sony Bank will partner to provide stablecoin services to Sony's affiliated companies. Bastion will be responsible for large-scale stablecoin issuance, reserve management, and custody for Sony Bank.
In September 2025, Bastion completed a $14.60 million funding round led by Coinbase.
Stablecoin Financial Institution Group Bastion: Will Launch Stablecoin Issuance, Reserve Management and Custody Business for Sony Bank
2025-12-02 08:45:28
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