Japan’s SBI Group Launching Eight Crypto Businesses Including Mining

Japanese financial services company SBI Group has revealed its plans to create a “new financial ecosystem based on cryptocurrency.” Eight different crypto-related businesses are being developed simultaneously including mining, hedge fund management, and a derivatives market.

New Financial Ecosystem Based on Cryptocurrency

Japanese conglomerate SBI Holdings announced its new cryptocurrency business plans on Thursday. At the company’s earnings results briefing session, President and CEO Yoshitaka Kitao detailed how the company is “pursuing synergies between [its] current financial ecosystem and [its] new financial ecosystem based on cryptocurrency.” […]

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