Home News SBI Crypto Investment Acquires 15% Stake in US-based AI Trading System Company

SBI Crypto Investment Acquires 15% Stake in US-based AI Trading System Company

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  • SBI Crypto Investment as Japan-based SBI Holdings’ Subsidiary
  • Potamus Holdings as New Partner

SBI Holdings’ subsidiary SBI Crypto Investment acquired around 15% stake in the Massachusetts-based AI trading system provider Potamus Holdings(Potamus) as a way to expand the digital asset(crypto) business, according to the announcements.   
The deal value has not been disclosed.            
As a dealer/broker licensed by SEC, Potamus’ subsidiary Potamus Trading has business operations in US-based Exchanges such as NYSE and NASDAQ.
SBI Group would expand its digital asset business via further having various partnership in this space.
SBI Holdings has a market cap of about JPY650bn(USD 6bn).   
   
http://www.sbigroup.co.jp