Press Enter to search ยท ESC to close

SBI Buys 20% Stake in Indonesia’s Ajaib for $270M to Boost Yen Stablecoin

Source: CoinDesk

Japanese financial giant SBI is acquiring a 20% stake in Indonesian online brokerage Ajaib for $270 million to build a cross-border, blockchain-based settlement network. The move aims to expand its yen stablecoin in Southeast Asia, leveraging Ajaib’s local market presence and regulatory licenses.

๐Ÿ”— View Original Source
Share
โ† Back to News
RWA Daily News Card
๐Ÿ‘† Long-press image above โ†’ Save to Photos / Share