SBI Group

Money Moves

Planned investor in Erebor through SBI Holdings USA

Erebor Bank opened in February 2026 with a national charter and a core banking system that settles payments on a blockchain, weekends included. By September it held more than $7 billion in deposits. Now Japan's SBI Holdings plans to invest $100 million in it.

Updated 6 hours ago

New Capabilities

Invested in PhotonPay's Series C through the SBI Sygnum-Azimut Digital Asset Opportunity Fund.

PhotonPay raised $40 million to connect stablecoin balances to the bank accounts, local payment systems and cards companies already use. Blockchain Capital led the round, and SBI Group joined as a new investor.

Updated 6 days ago

New Capabilities

Completed first KYA Trust Gateway technical PoC; next phase studies cross-border payments

KB Kookmin Card and Japan's SBI Holdings have completed the first technical test of an AI agent identity system for cross-border travel payments. The October 23 proof of concept checked that an AI agent's digital credentials could be verified before it connected to a Korean test service.

Updated Oct 17

Money Moves

As of September 2026: Strategic investor in dtcpay

Singapore-based stablecoin payments firm dtcpay closed a $25 million Series A on September 18, with Japan's SBI Group joining as a strategic investor. The round began in April with a $10 million tranche led by Vertex Ventures Southeast Asia & India, and now includes SBI Ventures Asset, the SBI-NTU-Kyobo Digital Innovation Fund, Genedant Capital, and existing investor Kwee Liong Tek.

Updated Sep 18