Wu said that SBI Holdings and SBI Shinsei Bank announced an investment of 50 million USD in Circle, the issuer of USDC. This investment was jointly funded by SBI Holdings and SBI Shinsei Bank, each contributing 25 million USD, with both parties holding equal shares. Previously, SBI signed a comprehensive business cooperation agreement with Circle and established a joint venture called Circle SBI Japan. SBI VC Trade has also become the first platform in Japan to publicly offer USDC. SBI stated that it will further collaborate with Circle to accelerate the integration of USDC into the Japanese financial system.