
SBI to merge trust units to expand JPYSC stablecoin and crypto custody
- —The merger takes effect Dec. 31, with SBI Shinsei Trust Bank as survivor
- —SBI Clearing Trust began accepting crypto assets in trust in July 2023
- —JPYSC launched in June 2026, with SBI VC Trade handling circulation
- —Capital of the merged entity will rise from ¥50bn to ¥53bn
Why it matters: SBI is consolidating stablecoin issuance and custody into one unit, strengthening its position in Japan's tokenized asset market.
Source: CoinPost