Trisky Posted August 17, 2020 Share Posted August 17, 2020 Quote <Translated from Japanese> We would like to inform you that we have signed an agreement to transfer the group to the "SMBC Group") and the transfer procedure has been completed. With the transfer, the shareholder composition of the Company will be SBI Holdings (51%), R3 (35%) and Sumitomo Mitsui Financial Group (14%).</translate> http://www.sbigroup.co.jp/news/2020/0817_12070.html Quote Following the transfer, SBI Holdings now has a 51 per cent in the joint venture, R3 retains a 35 per cent stake and Sumitomo Mitsui Financial Group now has 14 per cent. Investment to further SBI R3 Japan reach In the statement published today, SBI highlighted that the investment by the Sumitomo Mitsui Financial Group will allow the joint venture to promote the use of distributed ledger technology platforms in various fields of business. https://www.financemagnates.com/cryptocurrency/news/sumitomo-mitsui-financial-group-takes-14-stake-in-sbi-r3-japan/ Zerpiet and Soniax 2 Link to comment Share on other sites More sharing options...
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