Japanese financial giant SBI Holdings will launch the country’s first cryptocurrency fund, the crypto exchange SBI VC Trade will act as custodian. Such information is contained on the official website of the company. It is noted that most of the assets will be stored in the Ripple token (XRP) – 50%, and also include BTC and ETH.
“Cryptographic assets, known for correlation with traditional financial instruments, contribute to the growth of the effectiveness of a diversified investment portfolio,” the report said.
The start of the new fund is scheduled for this summer, according to SBI Holdings.
Add, the financial giant is not the first time prefers to work with XRP. In the spring of this year, the company’s management announced that it would pay remuneration to the holders of its shares in this particular coin.
Zcash co-founder has unveiled an ambitious price target for the private cryptocurrency by the end…
Bitcoin price predictions are rolling in as the market prepares to enter the 4th quarter.…
With more than $40 billion in lifetime volume and over 100,000 monthly active users, Jumper…
Pepe is drawing significant interest from traders entering the meme coin market, attracted by renewed…
Stellar network continues to garner greater investor trust in public-chain performance. This comes as CME Group today…
Mutsamudu, Comoros, September 25, 2026 – MEXC, a pioneer in 0-fee digital asset trading, recorded…