On the 29th, SBI Holdings (SBIHD) and SBI Shinsei Bank announced the merger of their subsidiaries, SBI Shinsei Trust Bank and SBI Clearing Trust, effective December 31. This absorption-type merger will retain SBI Shinsei Trust Bank as the surviving entity, integrating the company that has been managing crypto asset trust operations into the issuer of the yen-denominated stablecoin 'JPYSC'.
The SBI Group is focusing on the tokenization of real-world assets (RWA) and...