SBI Holdings(SBI), a listed Tokyo Japanese financial services conglomerate, acquired a minority stake in US-based OTC derivatives e-trading platform provider Clear Markets for an undisclosed sum, via its subsidiary SBI Crypto Investment, according to the announcement.
The partnership with Clear Markets would help SBI further to expand its digital asset business, as Clear Market, which is a licensed e-trading provider in US, UK and Japan, is willing to tap into SWAP transaction business for digital assets and cryptocurrencies.
SBI has its market cap of about JPY 680bn(USD 6bn).
http://www.sbigroup.co.jp/news/2018/0731_11187.html
http://www.sbigroup.co.jp/news/2018/0731_11186.html
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