SBI Japan Eyes Ripple to Supercharge Web3 Business Growth

Japanese company SBI Group is focusing on expanding its Web3 business and attracting institutional clients to benefit from its crypto-centric services. The firm seeks to strengthen its Web3 business to attract more institutional clients through crypto-related offerings and comprehensive Web3 services. Recently, SBI Japan set its sights on Ripple, a prominent blockchain-based payment protocol, recognizing its potential to bolster its Web3 business endeavors.

The graphic reveals SBI Japan’s action plan to strengthen its Web3 offerings and crypto-related services through a focused approach to SBI VC Trade. This strategy aims to position SBI as a leader in the evolving landscape of decentralized technologies.

One of the key developments in this strategic push is Ripple's recent alliance with SBI Digital Community, a subsidiary of the Japanese financial giant SBI Holdings. This collaboration will be instrumental in driving innovation and adoption of Web3 solutions.

SBIデジタルコミュニティー株式会社（本社：東京都港区、代表取締役社長：佐藤 祐太郎、以下「SBIデジタルコミュニティー」）は、Ripple Labs Inc.（本社：米国・）highlights the company's commitment to exploring and integrating Ripple's technology into its Web3 infrastructure. Despite a decline in some areas, SBI's belief in the potential of XRP and its associated technologies remains strong.