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Reading: SBI Drops $663M to Power Up Japan’s Web3, AI, and Metaverse Startups
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Crypto & Web3

SBI Drops $663M to Power Up Japan’s Web3, AI, and Metaverse Startups

Sana Rizwan
Last updated: February 12, 2024 1:51 pm
Sana Rizwan
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Contents
SBI’s Mega Investment BlitzJapan’s Crypto RevolutionRed Carpet for Innovators

SBI’s Mega Investment Blitz

Japanese financial boss SBI Holdings is bringing a massive $663 million power-up to startups playing in the Web3, AI, and Metaverse! 🤑💪

SBI’s new fund plans to invest hundreds of millions to tens of billions of yen into 150-200 lucky companies.

It’s already secured over $500M from Sumitomo, Mizuho and more.

Get those pitches ready, founders!

Japan’s Crypto Revolution

This fits right in with the Japanese government’s goal of transforming Japan into Asia’s #1 startup hub.

They wanna nurture 100 unicorns and 100,000 startups! 🦄🦄🦄

Even the regulations are getting a futuristic upgrade.

Instead of stock, startups can now issue crypto when going public!

Take that old-school systems! 💥

Red Carpet for Innovators

Taxes and stablecoin laws are getting revamped too as Japan leads in crypto innovation.

SBI’s crypto arm in Singapore is helping develop digital asset protections.

Between the mountains of funding and bleeding-edge policies, Japan is rolling out the red carpet for Web3, AI and Metaverse trailblazers.

Waku waku! ✨

So cue the anime power-up music – with SBI dropping mega money, Japan’s startup scene is about to level up big time!

TAGGED:div5

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