Financial conglomerate SBI Holdings plans to create a new international financial center based on blockchain
Financial conglomerate SBI Holdings plans to create a new international financial center based on blockchain in Japan. This is reported by Nikkei.
Presumably, the offices of the blockchain exchange will open in two Japanese cities — Osaka and Kobe. The new financial platform will focus on global FINTECH companies.
The establishment of a centre for the holding will help the local authorities. The publication notes that the head of SBI Holdings Yoshitaka Kitao called the blockchain exchange "the last chance" for Osaka to "get the status of an international financial center."
SBI Holdings is a large financial holding company that includes about 250 FINTECH companies. In 2016, the conglomerate with key partner Ripple created a joint venture called SBI Ripple Asia to promote XRP in Asian financial markets.
In 2018, SBI launched the VCTRADE cryptocurrency exchange.
#finiko #finiko_news #bitcoin #crypto