Bank of Japan will invest in new large treasury of #Xrp🔥🔥
The Japanese banking conglomerate, SBI, will be part of the launch of Evernorth.
The financial services group of Japan, SBI Holdings, confirmed its participation in a funding round for Evernorth Holdings Inc., a U.S. company created to promote the institutional adoption of the digital asset #Xrp🔥🔥 . The investment is part of an agreement that will allow Evernorth to list on the NASDAQ stock market.
According to an official statement from SBI, the investment of USD 200 million in cash is part of a larger fundraising that will exceed #USD 1.000 million. Other relevant firms in the digital assets ecosystem, such as Ripple itself, Pantera Capital, and Kraken, are also participating in the operation.