SBI Invests $68 Million in Fasset, Valuation Reaches $1 Billion

SBI Holdings has made an additional investment in Fasset, a digital bank built on stablecoin settlement infrastructure. This latest Series C round led by SBI raised $68 million (approximately ¥11 billion), bringing Fasset's valuation to $1 billion (approximately ¥160 billion) and marking the company's entry into unicorn status.

Fasset connects 16 blockchain networks with over 100 banking corridors through its proprietary settlement infrastructure, 'Own Network'. The company serves more than 3 million wallets across 125 countries and regions, with annual transaction processing volume exceeding $32 billion (approximately ¥5.1 trillion) as of May 2026.

This is not the first time SBI has invested in Fasset, having also participated in the Series B round in May. The company's strategy of systematically capturing each layer of crypto asset infrastructure is becoming increasingly clear, with investments in Ripple, Circle, and Morpho, among others.