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Ethereum
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$1,896.26 -2.145
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BNB
BNB (BNB)
$601.23 -0.28065
BNB price
Solana
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$128.89 -4.51213
Solana price
XRP
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$2.30 -5.2871
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Shiba Inu
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Pepe
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dogwifhat
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Ethereum
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BNB
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$601.23 -0.28065
BNB price
Solana
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$128.89 -4.51213
Solana price
XRP
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$2.30 -5.2871
XRP price
Shiba Inu
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$0.000013 1.90124
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Pepe
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$0.0000067 -6.59062
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Bonk
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dogwifhat
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Bitcoin
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Bitcoin price
Ethereum
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$1,896.26 -2.145
Ethereum price
BNB
BNB (BNB)
$601.23 -0.28065
BNB price
Solana
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$128.89 -4.51213
Solana price
XRP
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$2.30 -5.2871
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.000013 1.90124
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000067 -6.59062
Pepe price
Bonk
Bonk (BONK)
$0.0000106 -4.66466
Bonk price
dogwifhat
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$0.473614 -5.73038
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Popcat
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Popcat price

SBI Holdings and TradeFinex partner to drive blockchain adoption in Japan

Dalmas Ngetich
Edited by
News
SBI Holdings and TradeFinex partner to drive blockchain adoption in Japan

SBI Holdings and TradeFinex have established a joint venture in Japan to promote their enterprise blockchain platform on the XDC Network.

SBI Holdings, a Tokyo-based company that provides financial services, is the group’s primary holding firm for various businesses and branches. 

TradeFinex operates a decentralized finance platform on the XDC Network. It connects trade finance originators with banks and lending institutions, offering blockchain-based products like letters of credit, invoicing, and supply chain finance.

In the past, TradeFinex has partnered with institutions such as the International Chamber of Commerce and the World Trade Organization (WTO) to expand blockchain technology’s use and benefits. 

Japan has been working on developing the crypto industry for several years, having legalized Bitcoin (BTC) as a payment method in 2017, making it one of the first jurisdictions to do so.