Tag "SBI Holdings"
Investree Gets US$7M Lifeline from SBI Holdings, Earmarks Majority for Salaries
Beleaguered Indonesian peer-to-peer (P2P) lender Investree has reportedly secured a critical US$7 million rescue package from its existing investor SBI Holdings, according to DealStreetAsia. Investree has earmarked US$4.5 million of this package for employee salaries, which encompasses owed salaries, benefits,
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StanChart’s Zodia Custody Expands to Singapore
Zodia Custody, a digital asset custodian backed by banks, has expanded to Singapore. Standard Chartered, SBI Holdings and Northern Trust are among Zodia’s shareholders. According to Zodia, it is the first entity owned by, and partnered with, banks to provide
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Standard Chartered’s Zodia Custody Secures $36 Million in Series A Funding Round
Zodia Custody, the cryptocurrency custody service launched by Standard Chartered, has raised US$36 million in a Series A funding round. The round received participation from Chicago-based financial services company Northern Trust Corporation and Japanese financial services firm SBI Holdings, along with SC
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MAS Completes Its First Digital Asset Live Trades Under Project Guardian
The Monetary Authority of Singapore (MAS) announced that Project Guardian, its project exploring decentralised finance (DeFi) applications in wholesale funding markets, has completed its first live trades. The trades were conducted under Project Guardian’s first industry pilot which saw DBS,
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SC Ventures Partners SBI Holdings to Expand Investment Portfolio and Global Footprint
Standard Chartered’s innovation, fintech investment and ventures arm SC Ventures announced that it had entered into a memorandum of understanding (MOU) with SBI Holdings. The MOU was inked to expand both their portfolios at a business and geographic level as
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SBI-Sygnum-Azimut Digital Asset Fund Makes its First Investment Into Coinhako
The SBI-Sygnum-Azimut Digital Asset Opportunity (DAO) fund announced that it has made its first investment into Singaporean cryptocurrency platform Coinhako. Japanese financial group SBI Holdings, Swiss-based digital asset bank Sygnum, and European asset manager Azimut Group had jointly launched the
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GME Remittance Joins RippleNet for Payments Push From South Korea to Thailand
Global Money Express (GME Remittance), a non-bank remittance service provider in South Korea, has joined Ripple‘s blockchain-based payments network, RippleNet to accelerate and scale payments from South Korea to Thailand. This partnership was established through SBI Ripple Asia, a joint
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