According to reports, Japanese financial giant SBI Holdings has launched the country's first cryptocurrency fund for individual retail investors. In addition to a wide range of securities and banking businesses, SBI also operates or partially owns many cryptocurrency exchanges and a cryptocurrency mining department. It is also one of Ripple's closest affiliates. According to reports, after the company experienced another bullish year in the crypto space, SBI fulfilled its promise to issue a Japanese crypto fund before the end of 2021. Investors need to pay approximately $44,100 to join the fund, which will consist of seven tokens, including XRP and Bitcoin (BTC) related to Ripple. The company seems to have concealed the names of the remaining five tokens, but these are considered the leading altcoins, and Ethereum (ETH) may also be among them.
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January 2022
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