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Companies record impressive crypto gains - see how much SBI made


Companies record impressive crypto gains – see how much SBI made
April 29, 2021
SBI Group recorded pre-tax profits of 10.9 billion yen from crypto-based businesses in the last fiscal year.
The company has been actively involved in the expansion of its presence in the crypto industry.
SBI Group still offers support for the troubled XRP project to continue the shareholder benefits program.
The company announced that it doubled its profits from crypto-related dealings over the past year.
The company records impressive turnover in the crypto business
SBI Group says it had a pre-tax profit of 10.9 billion yen (about USD174 million) from crypto-based businesses in the last fiscal year. The turnover is an impressive one, considering that its earnings within the crypto market for the previous year was 10 billion yen (USD92 million). ....

Exchange Commission , Digital Exchange , Osaka Digital Exchange , Sumitomo Mitsui Financial Group , Osaka Digital , பரிமாற்றம் தரகு , டிஜிட்டல் பரிமாற்றம் , ஒசகக டிஜிட்டல் பரிமாற்றம் , ஸூமிடோமொ மிட்ஸ்யூயீ நிதி குழு ,

SBI doubled crypto business profits in past fiscal year


SBI doubled crypto business profits in past fiscal year
SBI’s total pre-tax profit from its crypto business surged above $174 million in the past fiscal year.
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News
Japanese financial giant SBI Group more than doubled the total profit of its cryptocurrency business during the fiscal year that ended in March.
On Wednesday, SBI released a report on the company’s financial results, disclosing that its pre-tax crypto-powered profits during the past fiscal year amounted to 18.9 billion yen ($174 million). The amount is 10 billion yen ($92 million) higher than the total pre-tax total profit recorded over the previous fiscal year, SBI said. ....

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Token gesture


Token gesture
Token gesture
Singapore leading the way in promoting blockchain-backed digital exchanges as a new way to spur listings of alternative assets. By Kentaro Iwamoto in Singapore
published :
5 Apr 2021 at 04:30
4
Growth in digital securities exchanges in Singapore is also spurring initiatives in other Asian countries such as Thailand and Japan, confirming the city-state s status as a regional hub. Illustration © Nikkei Asia
While Tesla s US$1.5-billion investment in bitcoin has added to recent excitement over cryptocurrencies, the blockchain technology that underlies their use is creating another opportunity in capital markets and Singapore is doing its best to capture it. ....

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Financial Giants SBI and SMFG Working on Digital Stock Exchange in Japan


Financial Giants SBI and SMFG Working on Digital Stock Exchange in Japan
Last Updated: 31 January 2021
Japan’s status as a leader in the global blockchain and crypto space has never been in doubt, with the country excelling due to its favorable regulatory landscape.  Now, industry players are set to launch a new initiative to bring some of blockchain’s benefits to the traditional financial space.
All Systems Go
On Thursday, a report on the Nikkei Asia Review confirmed that two financial giants in Japan are working on launching a digital stock exchange in the country. The initiative is a collaboration between commercial bank Sumitomo Mitsui Financial Group (SMFG) and financial services giant SBI Holdings.  ....

Osaka Digital Exchange , Sumitomo Mitsui Financial Group , Tokai Tokyo Financial Holdings , Hash Dash Holdings , Tokyo Stock Exchange , Nikkei Asia Review , Tokyo Stock , Huobi Japan , ஒசகக டிஜிட்டல் பரிமாற்றம் , ஸூமிடோமொ மிட்ஸ்யூயீ நிதி குழு , டோக்காய் டோக்கியோ நிதி ஹோல்டிங்ஸ் , ஹாஷ் கோடு ஹோல்டிங்ஸ் , டோக்கியோ ஸ்டாக் பரிமாற்றம் , நிக்கி ஆசியா விமர்சனம் , டோக்கியோ ஸ்டாக் ,