Express

Ripple partner SBI Holdings to collaborate with Japan’s SMBC

Claudia Rivera

Summary: Japan's financial institution, Sumitomo Mitsui Banking Corporation (SMBC) recently partnered with SBI Holdings to create a Blockchain financial service platform, reports ambcrypto.  To reduce operational costs, SBI holdings partnered with Fukushima Bank to use Ripple's MoneyTap. Further reports state the SMBC will be investing in R3's Corda platform in Japan as well. By Claudia Rivera

Japan's financial institution, Sumitomo Mitsui Banking Corporation (SMBC) recently partnered with SBI Holdings to create a Blockchain financial service platform, reports ambcrypto. 

To reduce operational costs, SBI holdings partnered with Fukushima Bank to use Ripple's MoneyTap. Further reports state the SMBC will be investing in R3's Corda platform in Japan as well.

By Claudia Rivera

Last Update:

Tags: ,,
Link: Ripple partner SBI Holdings to collaborate with Japan’s SMBC   [Copy]
Next:

Related Articles

  • GAEA Chat Singapore Concludes Successfully - A Recap of the Industry Thought Feast Duri... 16 days ago
  • U.S. SEC Clears Path for Institutional Crypto Custody, Recognizing State Trust Companie... 21 days ago
  • BTC Weekly Watch: Is the Rebound "Feast" Nearing Its End? September 16, 2025
  • ​The Crypto Treasury Boom Meets Regulatory Chill: Is the DAT Frenzy Fading? September 9, 2025
  • Nasdaq Takes Aim at 'Crypto-Flipping' Companies with Stricter Rules September 5, 2025

    • You need to login to comment.