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Circle's IPO Sparks $50M Cash Injection from Japan's SBI Holdings

Circle's IPO Sparks $50M Cash Injection from Japan's SBI Holdings

Date: 2025-06-10 07:08:56 | By Lydia Harrow

SBI Holdings Drops $50M Bomb on Circle Post-IPO Frenzy!

Japanese Banking Giants Split the Cash, Bet Big on USDC!

Hold onto your hats, crypto fans! Japanese banking titan SBI Holdings just threw down a cool $50 million into Circle right after its jaw-dropping $1.1 billion IPO. Talk about timing!

According to the hot-off-the-press release, SBI Holdings and their sidekick SBI Shinsei Bank are splitting the loot fifty-fifty. That's $25 million each going straight into the veins of the USDC powerhouse. These guys mean business!

Just days after Jeremy Allaire's crew went public with a bang on the New York Stock Exchange on June 5, 2025, SBI decided it was time to jump on the Circle train. No delays here!

SBI pointed to Circle's blockbuster IPO as the main reason for their hefty investment. They also spilled the beans that institutional investors were practically begging them to get in on the stablecoin action. The demand is real, folks!

As a result, SBI Holdings flexed their muscles, snagging "one of the largest allocations of Circle shares." They're not messing around!

At the time of this report, Circle's shares are popping off, up over 2% from their last close at around $115. They're now chilling at over $117, a mind-blowing 277% leap from their starting price of $31. Buckle up, it's a wild ride!

In a joint statement, SBI Holdings Chairman Yoshitaka Kitao and SBI Shinsei Bank CEO Katsuya Kawashima laid it out straight: The SBI Group is diving headfirst into digital assets, including crypto, to meet the skyrocketing demand for stablecoins and more. They're all in!

"The SBI Group believes that digital assets, including crypto assets, are the future of finance. We're not just watching; we're actively investing and partnering with the hottest companies in the game," declared the Japanese financial powerhouse.

Before this massive Circle investment, SBI Holdings already made waves by pumping cash into Ripple Labs back in 2016. That move led to the creation of SBI Ripple Asia. They've been playing the long game!

Last March 2025, SBI's Venture Capital arm, SBI VC Trade, made history as the first firm in Japan to get the green light to deal with stablecoins. They were also the first to roll out USDC to the public. Game changers!

To turbocharge USDC adoption in Japan, SBI and Circle agreed to launch a joint venture called Circle SBI Japan KK. They're teaming up to take over the market!

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