Stablecoin financial institution Bastion: will carry out stablecoin issuance, reserve management, and custody services for Sony Bank

Regulated stablecoin service provider Bastion announced a strategic partnership with Sony Bank, Inc.

Bastion and Sony Bank will work together to provide stablecoin services for Sony's affiliated companies, with Bastion responsible for large-scale stablecoin issuance, reserve management, and custody services for Sony Bank. In September 2025, Bastion completed a $14.6 million financing round, led by Coinbase.