SBI Holdings and CRB Group will work toward a joint venture in Japan.
SBI Holdings has signed a memorandum of understanding (Mou) with CRB Group, the parent company of US-based Cross River Bank, to establish a strategic business alliance and explore a joint venture in Japan. The planned business areas include the development and distribution of tokenised products Subject to definitive agreements and regulatory approvals, the proposed venture would use the companies’ technology, customer networks and financial infrastructure to offer services in Jap