Japan’s SBI to invest in US digital bank Erebor, eyeing blockchain settlements

Financial group seeks to obtain startup's know-how, bolster American operations SBI Holdings plans to make the investment through a local subsidiary in the U.S. (Photo by Ryosuke Tamai) TOKYO — Japanese financial group SBI Holdings will invest $100 million in U.S.-based startup Erebor Bank, aiming to acquire digital banking expertise and boost its U.S. business.

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