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AAVE $131.25 -2.00%
SUI $0.8071 +1.68%
XLM $0.1917 +4.00%
ZEC $1,152.92 -1.73%

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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