Company

SBI Group

Tokyo-listed Japanese financial group (SBI Holdings, TYO: 8473) spanning securities, banking and digital assets, with strategic fintech and crypto investments.

Known aliases

SBI
SBI Holdings
TYO: 8473

Current stories

investConfirmed5 publishers

Evernorth takes 473 million XRP to Nasdaq after buying about 84 million of them for cash

Evernorth closed its SPAC merger with about 473 million XRP and $300 million in gross cash ahead of a planned October 12 Nasdaq debut as XRPN. Only about 84 million of the tokens were bought for cash, crypto.news reported from proxy figures, so fresh XRP demand depends on how the company spends its money.

Publishers:crypto.news cryptobriefing.com cryptoslate.com decrypt.co news.bitcoin.com

Perspective Coverage

5 publishers

Builder: Builder 24%
Operator: Operator 12%
Investor: Investor 64%

Reality

Evidence74
Adoption: Not scored
Hype gap+30
Incentives55
Confidence70

investConfirmed6 publishers

SBI buys into dtcpay inside a $15m tranche it shares with at least two other investors

dtcpay has closed a $25m Series A with Japan's SBI Group joining as a strategic investor, and the money buys a minority position in a company whose MAS payment licence equity cannot transfer. So far the Japan corridor is an intention.

Publishers:cointelegraph.com crowdfundinsider.com crypto.news cryptoslate.com prnewswire.com thesaasnews.com

Perspective Coverage

6 publishers

Builder: Builder 18%
Operator: Operator 31%
Investor: Investor 51%

Reality

Evidence62
Adoption18
Hype gap+35
Incentives70
Confidence64

investConfirmed2 publishers

Startale Japan's yen-stablecoin bond pays holders in a coin Startale co-developed with SBI

Startale Japan will pay interest and principal on a Japan-only digital bond in JPYSC, SBI Shinsei Trust Bank's 1:1 yen stablecoin. Every party named is a Startale or SBI company, so the deal can show that the payment mechanism works; it leaves outside demand untested.

Publishers:crowdfundinsider.com news.bitcoin.com

Reality

Evidence55
Adoption12
Hype gap+20
Incentives75
Confidence60

productOne report1 publisher

Circle's Arc mainnet makes USDC both the unit of account and the gas token

Arc's founding validator set has twelve members, drawn from card networks, clearing houses and asset managers. The company that issues the chain's fee asset is also the company that can freeze it.

Publishers:gizmodo.com

Reality

Evidence42
Adoption28
Hype gap+35
Incentives72
Confidence45

investConfirmed4 publishers

SBI's $68M Fasset cheque buys licensed corridors, and warrants to buy more

The $1 billion mark is the least informative number in this round. SBI's own statement points at warrants, equity-method consolidation and a remittance business that needs cheaper settlement.

Publishers:cointelegraph.com crowdfundinsider.com cryptobriefing.com cryptopolitan.com

Perspective Coverage

4 publishers

Builder: Builder 24%
Operator: Operator 31%
Investor: Investor 45%

Reality

Evidence58
Adoption57
Hype gap+24
Incentives74
Confidence66