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XLM $0.1724 +0.23%
ZEC $474.49 +2.07%

SBI Holdings and its subsidiaries invested $50 million in Circle IPO

2025-06-10 12:06:22
Collection

ChainCatcher news, according to The Crypto Basic, Ripple partner SBI Holdings and its subsidiary SBI Shinsei Bank announced an investment of $50 million in USDC issuer Circle following Circle's initial public offering. The investment was made with $25 million from SBI Holdings and $25 million from SBI Shinsei Bank.

Previously, SBI established a joint venture, Circle SBI Japan KK, in March 2025, aimed at promoting the adoption and circulation of USDC in the Japanese market.

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