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SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

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SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.

SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

Source：CoinDesk

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Source：https://www.coindesk.com/business/2026/08/28/sbi-stakes-usd270-million-in-ajaib-to-expand-yen-stablecoin-in-southeast-asia