SBI Investments, a subsidiary of Japanese financial services giant SBI Holdings, has announced a new capital injection in LastRoots. The investment, whose size has not been disclosed, follows the initial bet SBI made on the troubled cryptocurrency exchange in December 2017.
The fresh funds will go towards helping LastRoots improve its internal business systems so it can become a licensed trading venue, according to the statement released on Monday. SBI will not only support the platform financially but also provide its expertise, sending its own executives to “strengthen the management system... support the cryptocurrency exchange business registration [process] and business growth.”
LastRoots rai...
This article appeared first on Cryptovest