Startale raises US$50 million from SBI to complete US$63 million Series A financing

Japanese Web3 infrastructure company Startale said SBI invested US$50 million in it and completed US$63 million in Series A financing. The two companies focus on tokenized securities, stablecoins and consumer chain products in Japan. Shota Watanabe, CEO of Startale Group, said: "Through in-depth cooperation with SBI, the adoption of tokenized stocks centered on the Japanese stock market and the yen stablecoin will be accelerated this year."