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

SBI Holdings will invest $100 million in U.S.-based startup Erebor Bank, according to the report. The Japanese financial group aims to acquire the startup's digital banking know-how and strengthen its American operations. The investment is planned to be made through a local subsidiary in the U.S. The article frames the move as part of SBI's broader interest in blockchain-based settlement technology and digital finance expansion abroad.

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