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DOGE $0.0909 +1.57%
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BCH $260.12 +0.62%
LINK $13.19 +7.10%
HYPE $87.60 -2.01%
AAVE $133.38 -1.48%
SUI $0.8264 +3.52%
XLM $0.1923 +3.39%
ZEC $1,184.54 +0.22%

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

2025-06-10 12:06:22

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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