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SBI Holdings and SBI Shinsei Bank jointly invested $50 million in Circle.
Gate News bot message, SBI Holdings and SBI Shinsei Bank jointly invested a total of 50 million USD in the USDC stablecoin issuer Circle, with both parties contributing 25 million USD each.
SBI has previously reached a comprehensive business cooperation agreement with Circle and established a joint venture company, Circle SBI Japan. At the same time, SBI VC Trade has become the first official platform in Japan to offer USDC trading. SBI stated that it will continue to deepen its cooperative relationship with Circle to promote the application of USDC in the Japanese financial system.
Source: Wu Says