ZEN INVESTING
Japanese Firm GUMI Joins Ripple and SBI in XRP Treasury Initiative
GUMI Inc. partners with Ripple and SBI Holdings in a strategic move to enhance Evernorth's XRP treasury, as XRP price stabilizes near $0.49.
SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups
SBI Holdings plans to invest 100 billion yen in startups focusing on Web3, AI, and metaverse, with financial institutions supporting Japan's goal to nurture its startup ecosystem and enhance its Asian startup hub position.
Standard Chartered raises $36m for crypto custody platform
Standard Chartered's crypto custody subsidiary, Zodia Custody, has raised $36 million in a series A funding round led by SBI Holdings. Standard Chartered remains the majority shareholder in the firm.
US CFTC Approves Clear Markets For Operating Crypto Derivatives
The U.S. Commodity and Futures Trading Commission (CFTC) confirmed it has approved the U.S. subsidiary of electronic trading platform developer Clear Markets to offer physically settled crypto derivatives, according to Clear Markets shareholder SBI Holdings.
Ripple Most Likely to Relocate Blockchain Firm to Japan Over Other Countries, Says SBI Holdings CEO
It appears that blockchain firm Ripple Labs may favor Japan over other locations when considering new headquarters outside of the United States.