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ETH $1,546.19 -7.65%
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AAVE $60.55 -9.90%
SUI $0.6934 -2.61%
XLM $0.1953 +2.27%
ZEC $368.43 +12.69%

SBI Holdings and its subsidiaries invested $50 million in Circle IPO

2025-06-10 12:06:22
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ChainCatcher news, according to The Crypto Basic, Ripple partner SBI Holdings and its subsidiary SBI Shinsei Bank announced an investment of $50 million in USDC issuer Circle following Circle's initial public offering. The investment was made with $25 million from SBI Holdings and $25 million from SBI Shinsei Bank.

Previously, SBI established a joint venture, Circle SBI Japan KK, in March 2025, aimed at promoting the adoption and circulation of USDC in the Japanese market.

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