SBI Group expands crypto and blockchain operations across Asia

The Japanese financial group is positioning for a regional cross-border digital asset network as competition for early market presence intensifies.

Summary

SBI Group is expanding its crypto and blockchain operations across Asia in a push to establish a regional cross-border digital asset network ahead of competitors. The move points to a strategy focused on early infrastructure buildout in a market where scale, partnerships and network effects can be decisive for digital asset payments and settlement.

Terms & Concepts
  • digital asset network: System for transferring tokenized value
  • cross-border: Between different countries or jurisdictions
  • blockchain: Shared ledger for recording transactions