SBI Holdings invests $270 million in Ajaib, taking 20% stake amid Asia digital asset push
Ajaib offers crypto and stablecoins alongside traditional investments, including OTC settlement services for institutional clients.
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- Stock trading app Ajaib raised a $270M Series C from SBI Holdings, the largest round since 2022 in Indonesia, where startups raised just ~$340M last year (Olivia Poh/Bloomberg) bloomberg.com
- SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asia coindesk.com
