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SBI acquires 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

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The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.

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SBI acquires 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

CoinDesk 43m ago

SBI acquires 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia

The Japanese financial giant is acquiring a 20% stake in the Indonesian online brokerage to build a cross-border, blockchain-based settlement network.