Golden Finance reports that according to The Crypto Basic, Ripple’s partner SBI Holdings and its affiliate SBI Shinsei Bank Circle announced a major investment move after its initial public offering (IPO) – injecting 50 million US dollars into Circle, the issuer of USDC. This investment was contributed by SBI Holdings and SBI Shinsei Bank, each contributing 25 million US dollars. Both parties held the same share in this investment.
SBI Holdings, as an important player in the Japanese financial field, has been laying out in the fields of blockchain and cryptocurrency for a long time. As early as December 2019, it participated in the $200 million Series C financing of the blockchain company Ripple and has since established a close cooperative relationship with Ripple. Not only that, SBI’s investments in the cryptocurrency ecosystem are extensive. It has invested in cryptocurrency hardware wallet developers and also ventured into related businesses such as cryptocurrency exchanges. And SBI Shinsei Bank, as its subsidiary, has also closely followed the pace of the group in the expansion of financial business.
This investment in Circle is no accident. In March 2025, SBI began in-depth cooperation with Circle and established a joint venture company, Circle SBI Japan KK. The establishment of this joint venture aims to fully promote the adoption and circulation of USDC in the Japanese market. As a stablecoin pegged to the US dollar, USDC is widely used in the global cryptocurrency market. Its stable price feature provides an important value anchor for numerous cryptocurrency transactions and DeFi projects.
After Circle successfully listed on the New York Stock Exchange, its stock price performed outstandingly. During the period from June 5th to 6th, the stock price rose significantly. The initial trading price was approximately $60 per share, and it even broke through $120 on Friday, demonstrating strong market appeal. SBI Holdings and its subsidiaries chose to invest in Circle at this time. On the one hand, they were optimistic about Circle’s leading position in the stablecoin market and its future development potential. They expected to further promote the popularization of USDC in the global market, especially in Japan, through the investment and accelerate the process of integrating USDC into the Japanese financial system. On the other hand, through this investment, SBI may also hope to explore more innovative business models in the field of cryptocurrency financial services and enhance its competitiveness in the global cryptocurrency financial market.
With the implementation of SBI’s investment in Circle, the subsequent cooperation trends between the two sides in business expansion, market promotion, and technological innovation have attracted much attention. The market generally expects that this cooperation will inject new vitality into the cryptocurrency market in Japan and even globally, promote the further expansion of stablecoin application scenarios, and also bring investors more diversified investment options and opportunities.
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