TechFlow News, June 18: According to CoinPost, SBI Holdings completed a strategic investment in Fasset—a global stablecoin payment and cryptocurrency trading platform—in May 2026. SBI Holdings also announced that its international remittance subsidiary, SBI Remit, has signed a Memorandum of Understanding (MoU) with Fasset to jointly build next-generation international remittance infrastructure based on stablecoin technology.
Fasset is a digital bank focused on Asia, the Middle East, and Africa. It provides stablecoin settlement, remittance, and investment services through its proprietary payment network, “Own Network,” currently serving over 125 countries and regions with more than two million users. In the same month, Fasset closed its Series B funding round totaling $51 million, with investors including the SBI Group, Bahrain-based asset management firm Investcorp, and Turkey’s Arz Portföy.
