SBI Group

Alpaca and Japan’s SBI Holdings Announce Partnership and USD15 Million Strategic Investment to Accelerate Alpaca’s Asian Business

Retrieved on: 
Friday, October 13, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20231012426487/en/
    Alpaca and Japan’s SBI Holdings Announce Partnership and Strategic Investment to Accelerate Alpaca’s Asian Business (Graphic: Business Wire)
    This partnership allows Alpaca to accelerate its expansion of businesses and extend its reach to enterprise financial institutions for the clearing and execution of US securities in Asia.
  • As part of the new partnership, SBI has made a USD15 million investment in Alpaca.
  • Additionally, SBI has agreed with Alpaca to make respective commitments to drive Alpaca’s future growth through collaborative business development efforts and introducing innovative products.
  • Alpaca continues to provide resources dedicated to expanding its Asian business through a recently acquired broker-dealer license under the Japan FSA.

Zodia Custody to Provide Institutional Support and Custody Services for the Polkadot Ecosystem

Retrieved on: 
Wednesday, September 13, 2023

The partnership will enable institutional access to the Polkadot ecosystem and in the longer term, broaden the Polkadot ecosystem’s institutional adoption via joint research and development initiatives.

Key Points: 
  • The partnership will enable institutional access to the Polkadot ecosystem and in the longer term, broaden the Polkadot ecosystem’s institutional adoption via joint research and development initiatives.
  • View the full release here: https://www.businesswire.com/news/home/20230913154338/en/
    The partnership’s first major implementation will see Zodia Custody provide custody services for the Polkadot ecosystem, enabling secure market access and bank-grade digital asset custody services for financial institutions.
  • “It will allow financial institutions to actively participate in the Web3 future being built on Polkadot, and will also help the Polkadot ecosystem to engage directly with institutions.
  • Zodia Custody will also support various Parity and Polkadot global initiatives.

Banking Powerhouse SBI Commits to Empowering XDC, Expanding XDC Network's Footprint in Japan

Retrieved on: 
Wednesday, May 31, 2023

XDC Network (represented by TradeFinex Tech Ltd) is pleased to announce its partnership with SBI VC Trade Co. Ltd., a prominent Japan's cryptocurrency exchange within the SBI Group.

Key Points: 
  • XDC Network (represented by TradeFinex Tech Ltd) is pleased to announce its partnership with SBI VC Trade Co. Ltd., a prominent Japan's cryptocurrency exchange within the SBI Group.
  • This strategic collaboration marks a significant milestone for XDC Network as it expands its ecosystem in the Japanese market.
  • XDC Network offers a robust blockchain Network designed specifically for enterprises use cases like trade finance, payments and real world asset tokenization.
  • “We are thrilled to partner with SBI VC Trade and bring the XDC ecosystem to the Japanese market,” said Atul Khekade, co-founder at XDC Network.

DataRobot and SBI Holdings Expand Commercial Partnership, Strengthening DataRobot's Commitment in Japan

Retrieved on: 
Friday, May 12, 2023

“Together, we understand the impact of AI and the transformative value AI solutions bring to businesses of all kinds.

Key Points: 
  • “Together, we understand the impact of AI and the transformative value AI solutions bring to businesses of all kinds.
  • SBI Holdings has leveraged DataRobot’s technology to launch over one hundred AI projects focused on banking and insurance.
  • With the additional investment, the SBI Group strives to further expand the use of DataRobot’s AI platform, applying innovative solutions on a global scale.
  • “As investors and longtime customers, we know and understand the power of DataRobot’s AI solutions first-hand,” said Yoshitaka Kitao, Representative Director, Chairman, President & CEO of SBI Holdings.

Tangem Successfully Closes Investment Round, Fueled by Shima Capital

Retrieved on: 
Tuesday, May 2, 2023

The round came in at $8 million and was led by Web3 venture capital firm Shima Capital, with contributions from additional investors.

Key Points: 
  • The round came in at $8 million and was led by Web3 venture capital firm Shima Capital, with contributions from additional investors.
  • It comes at a time of continued growth for the hardware developer and will help to propel Tangem to the next level.
  • The support from Shima Capital and the SBI Group will enable us to accelerate our growth and deliver enhanced solutions for secure digital asset management."
  • "We're thrilled to be leading this round for Tangem," said Yida Gao, founder and Managing General Partner at Shima Capital.

Authlete Raises $4M in Series A Funding from SBI Digital Asset Holdings

Retrieved on: 
Tuesday, April 4, 2023

TOKYO, April 3, 2023 /PRNewswire/ -- Authlete, the leader in implementing the latest digital identity and API security standards, announced today that it has raised approximately US$4M (500 million Japanese yen) in Series A funding from SBI Digital Asset Holdings (SBI DAH), part of the Japanese conglomerate SBI Group.

Key Points: 
  • TOKYO, April 3, 2023 /PRNewswire/ -- Authlete, the leader in implementing the latest digital identity and API security standards, announced today that it has raised approximately US$4M (500 million Japanese yen) in Series A funding from SBI Digital Asset Holdings (SBI DAH), part of the Japanese conglomerate SBI Group.
  • Authlete will use the funds to accelerate its global expansion, develop new products, and explore new industries in partnership with SBI DAH.
  • Authlete has many customers in the financial services sector, including the world's largest digital bank in Brazil and the first digital bank in Japan amongst others.
  • "We look forward to working with Authlete to open new markets and add new standards with their cutting-edge technology."

Authlete Raises $4M in Series A Funding from SBI Digital Asset Holdings

Retrieved on: 
Tuesday, April 4, 2023

TOKYO, April 4, 2023 /PRNewswire/ -- Authlete, the leader in implementing the latest digital identity and API security standards, announced today that it has raised approximately US$4M (500 million Japanese yen) in Series A funding from SBI Digital Asset Holdings (SBI DAH), part of the Japanese conglomerate SBI Group.

Key Points: 
  • TOKYO, April 4, 2023 /PRNewswire/ -- Authlete, the leader in implementing the latest digital identity and API security standards, announced today that it has raised approximately US$4M (500 million Japanese yen) in Series A funding from SBI Digital Asset Holdings (SBI DAH), part of the Japanese conglomerate SBI Group.
  • Authlete will use the funds to accelerate its global expansion, develop new products, and explore new industries in partnership with SBI DAH.
  • Authlete has many customers in the financial services sector, including the world's largest digital bank in Brazil and the first digital bank in Japan amongst others.
  • "We look forward to working with Authlete to open new markets and add new standards with their cutting-edge technology."

Oasys and SBI VC Trade Partner to Introduce Innovative Wallet Solution for Blockchain Gaming in Japan

Retrieved on: 
Friday, March 24, 2023

Singapore and Tokyo, Japan--(Newsfile Corp. - March 24, 2023) - Oasys , the gaming-optimised blockchain, today announces its new partnership with SBI VC Trade , the crypto solutions arm of Japan's SBI Group.

Key Points: 
  • Singapore and Tokyo, Japan--(Newsfile Corp. - March 24, 2023) - Oasys , the gaming-optimised blockchain, today announces its new partnership with SBI VC Trade , the crypto solutions arm of Japan's SBI Group.
  • By leveraging the wealth of expertise, innovation, and resources that SBI VC Trade brings to the table, this strategic alliance will unlock unparalleled levels of synergy between the two companies.
  • Additionally, Oasys and SBI VC Trade are exploring various collaborations, including the listing of OAS tokens, a partnership with SBINFT Market , and liquidity provision with B2C2 .
  • With this collaboration, Oasys is well positioned to become the undisputed leader in the blockchain gaming industry.

India Buy Now Pay Later (BNPL) Market Report 2022: Payments are Expected to Grow by 71.5% to Reach $12,355.8 Million in 2022 - Forecasts to 2028 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 15, 2022

According to the publisher, BNPL payments in the country are expected to grow by 71.5% on an annual basis to reach US$12,355.8 million in 2022.

Key Points: 
  • According to the publisher, BNPL payments in the country are expected to grow by 71.5% on an annual basis to reach US$12,355.8 million in 2022.
  • The BNPL Gross Merchandise Value in the country will increase from US$7,204.5 million in 2021 to reach US$97,717.0 million by 2028.
  • The buy now pay later (BNPL) market in India is the fastest growing industry around the world.
  • According to a report from Experian, BNPL transactions in India surged by 21% in H1 2022, which is 3% more than the global growth.

GTN appoints its first Chief Marketing Officer to accelerate global expansion

Retrieved on: 
Thursday, October 6, 2022

DUBAI, UAE, Oct. 6, 2022 /PRNewswire/ -- GTN , a fintech-powered global trading and investment ecosystem, has appointed Jorge Snchez-Galiani as Chief Marketing Officer.

Key Points: 
  • DUBAI, UAE, Oct. 6, 2022 /PRNewswire/ -- GTN , a fintech-powered global trading and investment ecosystem, has appointed Jorge Snchez-Galiani as Chief Marketing Officer.
  • A seasoned marketer, Jorge will build GTN's marketing organisation, working alongside the executive leadership team to accelerate the group expansion.
  • Most recently, Jorge served as Head of Marketing for the Hong Kong-based FinTech, Premialab, creating the marketing function foundations to strengthen the business growth trajectory.
  • His vast experience in managing the marketing function in the FinTech domain will fuel GTN's marketing and communication strategy globally."