|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||14.62 - 14.90|
|52 Week Range||11.75 - 25.82|
|Beta (5Y Monthly)||1.54|
|PE Ratio (TTM)||6.91|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Mar 26, 2019|
|1y Target Est||N/A|
CoolBitX, a blockchain security startup based in Taiwan, announced today it has raised a $16.75 million Series B led by returning investor SBI Holdings, a Japanese financial group. Korean cryptocurrency exchange Bitsonic, Monex Group, another Japanese financial group and Taiwan’s National Development Fund also participated. One is CoolWallet S, a Bluetooth-enabled hardware wallet for cryptocurrency.
Japanese internet banking giant SBI Holdings Inc and Fukushima Bank Ltd will form a capital and strategic tie-up, with SBI taking a 17.91% stake in the regional lender, the companies said on Monday. Fukushima Bank will issue new shares to SBI for 222 yen each for a total investment of 1.11 billion yen ($10.17 million), making it the biggest shareholder in the lender. The two financial companies will jointly establish offices where SBI's products such as investment trust and insurance are provided to Fukushima Bank's customers, while the companies will also develop new fintech-focused services, they said.
Japanese shares advanced to a 5-1/2-week high on Monday, supported by hopes that stimulus from the world's largest economies would help stave off a global recession. Global equity markets received a lift after China's central bank said on Friday it was cutting the amount of cash that banks must hold as reserves, releasing liquidity to shore up a slowing economy dragged down by the Sino-U.S. trade war. Risk sentiment also improved as Federal Reserve Chairman Jerome Powell said on Friday that the central bank will continue to act "as appropriate" to sustain the economic expansion in the world's biggest economy.
Japanese firm SBI Holdings is set to begin paying out dividends to its shareholders in the form of Ripple's XRP in September. And XRP fans are excited.
SBI Ripple Asia, a subsidiary of Japanese financial giant SBI Holdings, is testing out in-store payments using its MoneyTap app. The money transfer app will be used for live payments at affiliated merchants, kicking off at a restaurant at SBI Group’s headquarters in Roppongi, Tokyo. A public launch is scheduled “within the year,” a press release notes. Available for both iOS and Android devices, MoneyTap allows funds to be sent using recipients’ telephone numbers or a QR code, and taps biometrics for security. It launched last year and bypasses domestic payment rails to allow settlement of payment flows over the RippleNet blockchain network using the latter’s xCurrent product. The post SBI Ripple Asia announces MoneyTap powered in-store payments trial appeared first on Coin Rivet.