Japanese financial giant Credit Saison launches an investment fund for startups in physical assets

ChainCatcher news, according to The Block, Japan's financial giant Credit Saison's venture capital division will launch a blockchain investment fund called Onigiri Capital.

The fund has a size of $50 million and aims to build an institutional-level bridge between American innovation and Asia's mature blockchain and financial networks, helping founders create global financial products. According to a spokesperson, Onigiri is supported by Saison Capital and has raised $35 million through "joint investments from Credit Saison and external investors," with a maximum fund limit of $50 million, and can also accept additional funds. The fund will focus on early-stage startups in the real-world asset space, covering financial infrastructure such as stablecoins, payments, tokenization, and DeFi, with a particular emphasis on connections with Asia. Credit Saison is a large financial services company based in Tokyo, associated with the Mizuho Financial Group, and is the third-largest credit card issuer in Japan, also involved in various business sectors. Its venture capital division has been investing in cryptocurrency companies since 2023.