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Oxford University physics spinout Oxford Quantum Circuits (OQC) recently announced the launch of Toshiko, a 32-qubit quantum computing services platform, alongside a $100-million Series B funding round led by Japan’s SBI Group’s investment arm.The company claims that Toshiko is the “world’s first enterprise ready quantum computing platform.” Great question! We
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Circle, the stablecoin issuer behind USD Coin (USDC), is teaming up with Tokyo-based financial services firm SBI Holdings to boost the adoption of USDC and Web3 services in Japan.Circle said it concluded a memorandum of understanding (MOU) with SBI Holdings on Nov. 27, which will underpin the strategic expansion of
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Around 3 billion yen ($20 million) worth of tokenized securities will be issued by real estate firm Ichigo Owners, according to an SBI Holdings press release. The Ichigo Residence Token will be invested "in six highly convenient rental residential properties with excellent access to the city center, and is expected
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SC Ventures and SBI Holdings' Digital Asset Joint Venture investment company will be established in the United Arab Emirates (UAE) and focus on firms in market infrastructure, risk and compliance, decentralized finance (DeFi) and tokenization, according to a Thursday email. Original Source
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Alpaca has announced a partnership and a $15 million strategic investment from Japanese financial services group SBI Holdings. The partnership aims to accelerate Alpaca’s expansion in Asia, especially in Japan, where SBI Holdings has a strong presence and influence in the financial sector. Alpaca and SBI Holdings will collaborate to offer
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SBI Holdings and TradeFinex have established a joint venture in Japan to promote their enterprise blockchain platform on the XDC Network. SBI Holdings, a Tokyo-based company that provides financial services, is the group’s primary holding firm for various businesses and branches. TradeFinex operates a decentralized finance platform on the XDC Network. It connects
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SBI Holdings and TradeFinex will look to drive trade finance adoption of the Ethereum Virtual Machine-compatible enterprise blockchain XDC Network through a new joint venture in Japan.United Arab Emirates-based firm TradeFinex operates its own decentralized platform on the XDC Network for trade finance originators to connect to a variety of
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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied SBI Group, a leading financial institution in Japan, announced an expanded partnership with Ripple and SBI Ripple Asia to broaden its remittance services on Sep. 6. This collaboration will allow SBI Remit, the company’s international money transfer
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Japanese financial holding company SBI Group has announced that its international remittance services arm, SBI Remit, has partnered with Ripple and SBI Ripple Asia to offer an XRP (XRP) remittance service to bank accounts in several Southeast Asian countries.In an announcement, the company highlighted that SBI Remit has been using
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The trading parties collected the collateral at the start of the transaction and locked the same in an account at an independent custodian, which was controlled by all three parties to mitigate the counterparty risk stemming from the absence of a clearing house. All exchange-traded derivatives and most over-the-counter derivatives
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