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EconomySBI buys 20% of Indonesia’s Ajaib for $270 million to expand yen stablecoin in Southeast Asia

Japanese financial giant SBI is acquiring a 20% stake in Indonesian online brokerage Ajaib for $270 million. The deal is intended to create a cross-border, blockchain-based settlement network and expand a yen stablecoin across Southeast Asia.

SBIAjaibyen stablecoinblockchain settlement

CCoinDesk★★☆☆☆2026-08-28 12:18Original

SBI buys 20% of Indonesia’s Ajaib for $270 million to expand yen stablecoin in Southeast Asia
SBI buys 20% of Indonesia’s Ajaib for $270 million to expand yen stablecoin in Southeast AsiaEconomy