Copy link
Increase text size
Decrease text size
Link copied

Sumitomo Mitsui Financial Group seeks to acquire stake in SBI and blockchain firm R3’s joint venture company

Image: SMBC

Mon, 03 Feb 2020, 06:19 am UTC

Japanese financial services company SBI Holdings and Sumitomo Mitsui Financial Group have signed a memorandum of understanding (MOU) to discuss the latter’s capital participation in SBI R3 Japan.

It can be recalled that SBI signed a contract with enterprise software firm R3 in January 2019 to establish a joint venture company. According to a press release, the joint venture, SBI R3 Japan, was launched in April 2019 and is headquartered in Tokyo.

SBI R3 Japan was launched to “support provision and introduction of the Corda license in Japan, arrange schemes for its actual use beforehand, and promote collaboration with Corda partners overseas,” SBI Holdings said.

Sumitomo Mitsui Banking Corporation is a member of the SMBC Group. It has participated in the Marco Polo project, a trade finance network built on R3’s Corda platform, and is using enterprise blockchain technology in trade financing.

“After Sumitomo Mitsui Financial Group having a stake in SBI R3 Japan, the SBI Group, R3 and Sumitomo Mitsu Financial Group will build a cooperation system among them and will begin discussing the use of distributed ledger technology platforms,” the release said.

R3, which has developed enterprise blockchain platform Corda, is spearheading a global blockchain consortium comprising of more than 300 partners from various industries around the world, including central banks and regulatory agencies. SBI itself became a member of the consortium back in 2016. It said that it has become the largest outside shareholder of R3 through its investment.

SBI has also launched a joint venture company with blockchain startup Ripple – SBI Ripple Asia – which received a payments license in September 2018 to launch the blockchain-based MoneyTap app.

Just recently, SBI Holdings announced that it will offer shareholders the option to receive Ripple’s native token, XRP, as a benefit.

TokenPost | [email protected]

<Copyright © TokenPost. All Rights Reserved. >

To leave a comment, please sign in.
  • CarolBkankcard
  • 2022.06.05 19:55:24
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • CarolBkankcard
  • 2022.06.05 19:55:24
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • CarolBkankcard
  • 2022.06.05 19:55:24
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • CarolBkankcard
  • 2022.06.05 19:55:24
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • CarolBkankcard
  • 2022.06.05 19:52:16
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • CarolBkankcard
  • 2022.06.05 19:52:16
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • CarolBkankcard
  • 2022.06.05 19:52:16
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • CarolBkankcard
  • 2022.06.05 19:52:16
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • CarolBkankcard
  • 2022.06.05 19:52:15
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • CarolBkankcard
  • 2022.06.05 19:52:15
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • CarolBkankcard
  • 2022.06.05 19:52:15
Get $5,500 USD every day, for six months! See how it works. What'sApp : +393512615163

I want to testify about Dark Web blank atm cards which can withdraw money from any atm machines around the world. I was very poor before and have no job. I saw so much testimony about how Dark Web hackers send them the atm blank card and use it to collect money in any atm machine and become rich.
Email : [email protected]

Hangout : [email protected]

What'sApp : +393512615163

They also sent me the blank atm card. I have used it to get 90,000 dollars. withdraw the maximum of 5,000 USD daily. The Dark Web is giving out cards just to help the poor. Hack and take money directly from any atm machine vault with the use of an atm programmed card which runs in automatic mode.
  • 0
  • ·
  • 0
  • Moses
  • 2021.09.28 02:06:15
I am a crypto currency trader and i make over 200% daily trading all day and night and also by passing even when market is down and others are resting , If you are interested, I can teach you how to trade and also help you achieve your goal in life with crypto i can turn 4 btc into $340,000.00 in less than four weeks, now that bitcoin has high prices...please note that crypto currency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins , bitcoin can also be traded for Ethereum, Litecoin, United States Dollar, Ripple, Euro, IOTA, and other stocks you need to put to trading on a daily basis with a very correct strategy and a target of profit as you get into the trading market with your capital. Also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door ???? inbox me for more info....contact me on [email protected]
Note it’s always better to learn on how to trade yourself than let another take advantage of your hard earned money and keep on promising you its better you just inbox to learn I don’t help anyone in trading thnk you and God bless you.
  • 0
  • ·
  • 0
  • Moses
  • 2020.05.04 02:54:50
I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn
$4500 into $35000 in less then four weeks,now that bitcoin has low prices...please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door inbox me for more info....contact me on whatsapp :+12067425358 happy new year to you all .
  • 0
  • ·
  • 0
  • Moses
  • 2020.05.04 02:52:38
I am a cryptocurrency trader and i make over 200% daily, If you are interested,i can teach you how to trade and also help you achieve your goal in life with crypto i can turn
$4500 into $35000 in less then four weeks,now that bitcoin has low prices...please note that cryptocurrency trading is bitcoin unlike binary and Forex,bitcoin is traded for altcoins also you can reach to me if you are new to bitcoin and to give you more info and guideline on how to invest smartly, this is opportunity life time knocking on your door inbox me for more info....contact me on whatsapp :+12067425358 happy new year to you all .
  • 0
  • ·
  • 0
More
  • Bitcoin (btc) $21,283.00 (+0.41%)
  • Ethereum (eth) $1,226.66 (+1.71%)
  • USD Coin (usdc) $1.00 (-0.05%)
  • BNB (bnb) $237.60 (+0.88%)
  • XRP (xrp) $0.364886 (+1.33%)
  • Bitcoin (btc) $21,283.00 (+0.41%)
Jul 15, 2021 (Thursday)
13:30
BTC Surges by 1.16% Within 5 Mins, Marking 31,824.01 USDT
12:06
BTC Surges by 1.12% Within 5 Mins, Marking 32,104.8 USDT
10:25
BTC Drops by 1.03% Within 5 Mins, Marking 32,171.88 USDT
02:13
TriumphX Scouts 'MINAMCOMPANY' CEO Woo-Seong Lee As Creative Director
02:00
ETH Tops List Of Crypto Net Inflow With $298.96 Mln In Past 10 Hours
Jul 14, 2021 (Wednesday)
13:14
BTC Surges by 1.03% Within 5 Mins, Marking 32,738.08 USDT
09:03
BTC Surges by 1.01% Within 5 Mins, Marking 31,899 USDT
02:30
Crypto Market Sentiment On Jul 14: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $224.97 Mln In Past 10 Hours
Jul 13, 2021 (Tuesday)
02:30
Crypto Market Sentiment On Jul 13: Market In "Extreme Fear"
02:00
ETH Tops List Of Crypto Net Outflow With $178.61 Mln In Past 10 Hours
Jul 12, 2021 (Monday)
02:30
Crypto Market Sentiment On Jul 12: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Inflow With $164.82 Mln In Past 10 Hours
Jul 11, 2021 (Sunday)
21:31
BTC Surges by 1.02% Within 5 Mins, Marking 34,475.6 USDT
10:00
ETH Tops List Of Crypto Net Inflow With $122.76 Mln In Past 18 Hours
06:17
SOBA Listed On LATOKEN
02:30
Crypto Market Sentiment On Jul 11: Market In "Extreme Fear"
02:00
BTC Tops List Of Crypto Net Outflow With $87.56 Mln In Past 10 Hours
Jul 9, 2021 (Friday)
21:40
BTC Surges by 1.08% Within 5 Mins, Marking 33,911.8 USDT
02:30
Crypto Market Sentiment On Jul 09: Market In "Extreme Fear"
Subscribe to the TokenPost newsletter!
Don't show me this again today.
Back to top
Copyright ⓒ TokenPost. All Rights Reserved.