ME News reports that on August 28 (UTC+8), SBI Holdings announced a strategic investment through its subsidiary in Ajaib Group, Indonesia’s leading online multi-asset investment platform, acquiring approximately 20% equity stake, making Ajaib Group an equity-method consolidated associate of SBI Holdings. Headquartered in Jakarta, Ajaib Group offers online investment and fund management services covering stocks, crypto assets, payments, and foreign exchange, and provides over-the-counter stablecoin settlement services to enterprise clients. (Source: Foresight News)
SBI Holdings Invests 20% in Indonesian Investment Platform Ajaib Group
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Summary
SBI Holdings announced on August 28 that it has invested in Ajaib Group, an Indonesian online multi-asset investment platform, acquiring approximately 20% equity. Headquartered in Jakarta, Ajaib Group offers investment and wealth management services spanning stocks, crypto assets, payments, and foreign exchange. The platform also provides OTC stablecoin settlement solutions for corporate clients. This investment follows growing interest in digital assets and cryptocurrency exchange developments.
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