SBI Group strategically invests in the stablecoin platform Fasset, and its subsidiary SBI Remit signs an MoU to jointly build next-generation international remittance infrastructure
By: rootdata|2026/06/19 04:45:01
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According to CoinPost, SBI Holdings completed a strategic investment in the global stablecoin payment and cryptocurrency trading platform Fasset in May 2026, and announced that its international remittance subsidiary SBI Remit signed a Memorandum of Understanding (MoU) with Fasset. Both parties will jointly build a next-generation international remittance infrastructure based on stablecoin technology.
Fasset is a digital bank focused on the Asian, Middle Eastern, and African markets, providing stablecoin settlement, remittance, and investment services through its own payment network "Own Network." It currently covers 125 countries and regions and has over 2 million users. The company completed a $51 million Series B financing in the same month, with investors including SBI Group, Bahrain asset management company Investcorp, and Turkey's Arz Portföy, among others.
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