TechFlow News, July 13, according to The Block, Japanese financial group SBI Holdings has recently made intensive moves, completing multiple major crypto investments in succession: solely investing $125 million in Gauntlet's Series C, $76 million in EDX Markets' Series C, spending approximately $289 million to acquire Japanese crypto exchange Bitbank, and taking a stake in Singapore exchange Coinhako. In addition, SBI also participated in Digital Asset's $355 million financing, Morpho's $175 million token round, and Circle's $222 million token presale, and launched Japan's first trust bank-backed yen stablecoin JPYSC.
SBI stated that the company is promoting the group's overall on-chain transformation, aiming to provide full-chain services in segments such as exchanges, asset tokenization, and market platforms, to position itself early for the upcoming "token economy" era. Analysts point out that SBI is building Asia's first scaled on-chain asset management business, and its strategic core is not buying crypto exposure, but controlling the infrastructure of the next-generation financial system.
On the regulatory front, Japan's parliament is advancing legislation to include cryptocurrency within regulated financial instruments, and plans to significantly reduce the capital gains tax on crypto assets from 55% to 20% by 2028, aligning it with stocks and bonds, providing policy support for institutional entry.
