SBI's digital asset branch and SIX exchange plan joint crypto venture
The new platform aims to establish an institutional corridor between Europe and Asia. Switzerland’s principal stock exchange, SIX Swiss Exchange, and Japanese financial giant SBI Holdings have announced a joint cryptocurrency-related venture.According to a Dec. 8 announcement, the firms' digital asset-related subsidiaries, SIX Digital Exchange and SBI Digital Asset Holdings, are launching a new platform in Singapore. The venture will target regulated institutional clients, implementing technologies and market expertise from both SBI and SIX. The platform will include a wide range of....
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SBI Holdings is reportedly considering mergers and acquisitions as a means of solidifying a potential deal. Japanese financial conglomerate SBI Holdings is reportedly planning to set up a joint cryptocurrency venture with foreign financial companies.SBI CEO Yoshitaka Kitao said that the Japanese company is in talks with other financial firms to launch a crypto venture, Reuters reports Feb. 15. The executive said that SBI currently has two potential deals.As part of the initiative, SBI is considering large-scale mergers and acquisitions. Kitao stated that such a deal would be necessary for....