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BCH $205.38 -3.59%
LINK $8.83 +1.76%
HYPE $56.59 -1.35%
AAVE $86.32 -2.42%
SUI $0.6763 -1.54%
XLM $0.1591 -0.72%
ZEC $486.80 -0.98%

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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