According to CoinPost, SBI Holdings completed a strategic investment in Fasset in May 2026. Subsidiary SBI Remit signed a Memorandum of Understanding with Fasset to jointly build an international remittance infrastructure based on stablecoin technology. Fasset provides stablecoin settlement, remittance, and investment services through its Own Network, serving over 125 countries and regions with more than 2 million users. In the same month, Fasset completed a $51 million Series B funding round, with investors including the SBI Group, Investcorp, and Arz Portföy.
SBI Holdings Invests in Fasset to Build Stablecoin-Based Remittance Infrastructure
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Summary
In May 2026, SBI Holdings announced a strategic investment in Fasset as part of a broader on-chain development. SBI Remit and Fasset signed a memorandum of understanding to build an upgraded international remittance network based on stablecoins. Fasset, operating via Own Network, serves 125 countries with 2 million users. The company also raised $51 million in Series B funding, led by SBI Group, Investcorp, and Arz Portföy.
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