Exchanges· ★★★· bullish·

SBI, Mesh and Money Forward Form Japan JV for Crypto Connectivity and Stablecoin Payments

  • —JV combines SBI's regulated financial infrastructure, Mesh's exchange-wallet API network and Money Forward's fintech platform
  • —Launch targeted for Q4 2026 in Japan, with Asia-Pacific expansion to be evaluated later
  • —Remit covers account linking, onboarding, regulated stablecoins, tokenized asset management and cross-border rails
  • —SBI agreed in June to acquire crypto exchange Bitbank for 46.7 billion yen
Why it matters: The venture aims to build interoperable rails for stablecoins and tokenized assets in Japan as the country moves crypto oversight into its financial instruments law.
Source: Blockhead
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