ajaib

SBI buys 20% stake in Indonesia's Ajaib for 270 million USD to build a cross-border, blockchain-based settlement network and expand a yen-stablecoin in Southeast Asia. This move boosts regional fintech ties and liquidity. $JPY #CryptoNews #SBI #Ajaib

SBI Holdings invests 270 million USD into Ajaib, injecting 20% capital to expand its digital assets business in Asia

• SBI Holdings injects 270 million USD to buy a 20% stake in Ajaib, an investment exchange in Indonesia.
• The deal boosts the digital assets segment in Asia.
• Ajaib provides crypto and stablecoins, along with OTC services for institutional clients.
• Deal details remain limited due to information from RSS.

#SBI #Ajaib #CryptoNews #Stablecoin #BinanceSquare

$sbi

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Source: The Block