SBI Holdings Plans $100 Million Investment in Erebor Bank
Photo: TokenPost
SBI Holdings plans to invest $100 million in Erebor Bank through SBI Holdings USA, a move intended to strengthen the Japanese group’s U.S. business base and create opportunities for closer cooperation with the lender. Erebor serves companies in artificial intelligence, defense, energy and other advanced industries. Erebor offers growth, asset-based and equipment financing, as well as banking services for funds. Its technology supports blockchain-based settlement and stablecoin deposits and withdrawals.
Also reported by The Defiant.
Source: TokenPost
