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