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 <p class="is-style-lead">SBI Holdings and TradeFinex have established a joint venture in Japan to promote their enterprise <a rel="noopener noreferrer nofollow" title="blockchain" href="https://thebittimes.com/tag/blockchain.html">blockchain</a> platform on the XDC Network.</p> 
 <p>SBI Holdings, a Tokyo-based company that provides financial services, is the group’s primary holding firm for various businesses and branches.&nbsp;</p> 
 <p>TradeFinex operates a decentralized finance platform on the&nbsp;XDC Network. It connects trade finance originators with banks and lending institutions, offering <a rel="noopener noreferrer nofollow" title="blockchain" href="https://thebittimes.com/tag/blockchain.html">blockchain</a>-based products like letters of credit, invoicing, and supply <a rel="noopener noreferrer nofollow" title="chain" href="https://thebittimes.com/tag/chain.html">chain</a> finance.</p> 
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 <p>In the past, TradeFinex has partnered with institutions such as the International Chamber of Commerce and the World Trade Organization (WTO) to expand <a rel="noopener noreferrer nofollow" title="blockchain" href="https://thebittimes.com/tag/blockchain.html">blockchain</a> technology’s use and benefits.&nbsp;</p> 
 <p>Japan has been working on developing the crypto industry for several years, having legalized Bitcoin (BTC) as a payment method in 2017, making it one of the first jurisdictions to do so.</p> 
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/sbi-holdings-and-tradefinex-partner-to-drive-blockchain-adoption-in-japan-tbt64612.html">https://thebittimes.com/sbi-holdings-and-tradefinex-partner-to-drive-blockchain-adoption-in-japan-tbt64612.html</a></p>

SBI Holdings and TradeFinex partner to drive blockchain adoption in Japan

TheBitTimes

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