Institutional crypto exchange EDX lands $76M from SBI Holdings
The funding round comes as institutional investors continue backing crypto market infrastructure despite slower venture investment across the digital asset…
EDX Markets raises $76 million in funding round led by SBI Holdings
EDX’s model targets institutional clients by separating trading from custody through a central clearinghouse to minimize counterparty risk. Source：CoinDesk
Bitcoin, XRP draw Japanese firms as weak yen drives treasury diversification
SBI VC Trade says corporate demand for crypto is rising as a weak yen pushes firms to diversify reserves, part of a run that took its registered accounts past…
Dubai tops Asian crypto hubs, India isolates banks from crypto: Asia Express
Japan's SBI Crypto shuts down 12th largest Bitcoin mining pool in the world, Russia gears up to launch digital ruble despite EU sanctions, and more: Asia…
SBI Crypto to shut down mining pool that holds roughly 2% of Bitcoin's hashrate
Miners must redirect their hashrate before the July 31 cutoff, as the pool will stop accepting contributions after that date. Source：CoinDesk
SBI Crypto shuts Bitcoin mining pool after five-year run
SBI Crypto will shut down its Bitcoin mining pool on July 31 after more than five years, ranking 12th globally with about 2.2% of hashrate share.…
SBI's $289 million Bitbank deal is symptomatic of Japan's crypto consolidation: Architect Partners
The investment bank said the purchase of Japanese crypto exchange Bitbank is a bet on regulated scale as sweeping reforms reshape the country's digital asset…
Japanese financial services giant SBI Holdings to buy Bitbank for $289 million
SBI said the purchase of the crypto exchange is set to close in October. Source：CoinDesk
SBI to acquire Bitbank in $289M deal creating Japan's biggest crypto exchange
The Japanese financial conglomerate plans to take full control of Bitbank as it expands an ecosystem spanning crypto trading, stablecoins, tokenization and…
Ripple's RLUSD stablecoin goes live in Japan after regulatory approval
Japan's financial regulator cleared the U.S. dollarbacked token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and…