Japan’s SBI Holdings takes stake in US crypto exchange EDX Markets

Financial group looks to collaborate on yen-denominated stablecoin SBI Holdings debuted the yen-denominated stablecoin JPYSC in June. (Photo by Ryuta Minamihata) TOKYO — Japanese financial group SBI Holdings has acquired a 20% stake in U.S. cryptocurrency exchange EDX Markets, aiming to expand the use of an SBI-issued stablecoin.

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