SBI Crypto Investment, the virtual currency and blockchain subsidiary of Japanese financial services giant SBI Group, has taken a 12% stake in Clear Market, a developer of digital marketplaces. This marks SBI’s latest move to expand in the crypto space, with the deal including the joint development of swaps digital coin offerings for professional investors.
The Japanese company’s crypto business is mostly retail-oriented, so the new market will add “the missing piece” to its offering, Mamoru Fujimoto, SBI head of investments in blockchain and artificial intelligence, ...
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