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SBI Holdings Makes Additional Investment in Stablecoin Firm Fasset, Valuing the Company at $1 Billion

2026/08/24 15:14 (Updated 2026/08/24 18:02)
CoinPost
Written by Enzo
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SBI Holdings Makes Additional Investment in Stablecoin Firm Fasset, Valuing the Company at $1 Billion

SBI Decides on Further Investment in Fasset

SBI Holdings announced on the 24th that it has decided to make an additional investment in Fasset, a global stablecoin payment and cryptocurrency trading platform headquartered in the UAE. The valuation of Fasset, calculated based on the share acquisition price related to this additional investment, is $1 billion. This follows a strategic investment made in May 2026, further strengthening the capital relationship between the two companies. The investment is also in line with collaborations with SBI Remit...

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Iolite Vol.21

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September 2026 issueReleased on 2026/07/30

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MAGAZINE

Iolite Vol.21

September 2026 issueReleased on 2026/07/30
Interview Richard Teng, Co-CEO, Binance Taisuke Isono, Head of Nikko Open Innovation Lab & DeFi Technology Department, SMBC Nikko Securities Inc. Hiroshi Kamiwaki, Director & Head of Crypto Asset Finance Business, Fintertech Co., Ltd. PHOTO & INTERVIEW Yusaku Nakano Feature Story: "Survival Strategies for Crypto Exchanges — The New Order Post-FIEA Transition" Interview Tomoyuki Isaka, President & Representative Director, CEO, Coincheck, Inc. Takaaki Fujiwara, Executive Vice President & Director, Mercury Inc. [Dialogue Series] The NISHI Talk: Crypto Conversations "Social Implementation Beyond Merely Holding Bitcoin" Kasou NISHI × Rintaro Kawai, President & Representative Director, ANAP HOLDINGS Co., Ltd. Series: Tech and Future Toshinao Sasaki ...and more