- N2N Connect Berhad(N2N) as Partner Company
- Expanding Digital Asset Business via Further Partnerships
SBI Holdings, a listed Japanese financial service conglomerate, acquired stakes in Malaysia-based financial trading system developer N2N Connect Berhad(N2N) as a way to expand the digital asset business, according to the announcement.
The deal value, along with the percentage(of stakes), has not been detailed.
Established in August 2000, N2N develops financial trading system to brokerages and investment banks.
SBI Holdings has a market cap of about JPY650bn(USD 6bn).