Every Zipp story tagged #SBI, newest first.
A single-investor round of that size from a Japanese financial conglomerate signals that institutional DeFi infrastructure is being built, not just speculated on.
The lead investor is one of Japan's most active crypto builders, and EDX is pairing the fresh capital with a U.S. national trust bank charter bid and a push into crypto-as-a-service.
The Japanese financial group's exit pulls roughly 2% of network hashrate off the table with a month to migrate, layering fresh pool-concentration risk onto a sector already squeezed on margins.
SBI's JPYSC is the first trust-type yen stablecoin under the FSA's 2023 framework, and it lands the same week Korea, the Philippines, and Russia each moved on stablecoin rails.
Tokyo's SBI is doubling into domestic crypto infrastructure ahead of a reclassification that pulls tokens under the Financial Instruments and Exchange Act, betting consolidation happens before rules…
The deal vaults SBI past every rival in Japan's regulated crypto market on a single stroke, putting roughly $6.2B in customer assets behind one balance sheet.
SBI already runs a domestic crypto arm and backs several tokenised-asset initiatives, so taking Bitbank fully in-house consolidates a regulated retail venue under a balance sheet that regulators…
Japan runs one of the world's strictest stablecoin regimes, so clearing a foreign-issued dollar token for both institutional and retail use is a credential the rest of Asia will read closely.
Japan is the first major Asian market for Ripple's dollar stablecoin, and SBI VC Trade is the only on-ramp. Distribution is the gate now, not the approval.
JPYSC sidesteps the 1M yen cap that defined Japan's first generation of regulated stablecoins, and the trust-bank reserve structure puts it closer to US and European bank-issued stablecoin models…
The structure matters more than the ticker: JPYSC is the first yen stablecoin issued under Japan's trust framework, with SBI VC Trade distributing and Startale co-developing the rails.
The launch gives Japan its first yen stablecoin issued by a trust bank and the first classified as an electronic payment instrument under the Payment Services Act, putting a regulated bank entity…
SBI's public disclosure that it has used XRP for cross-border payments since 2021 — paired with Japan's planned 2027 designation of XRP as a financial asset — turns a long-rumored listing path into a…
Ripple's APAC VP frames Japan's zero-rate savings culture as the structural reason retail will rotate into XRP-based products faster than ETH ones.
Japanese financial giant SBI Holdings is reportedly exploring an equity stake in domestic crypto exchange Bitbank, a…
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