SBI Holdings and FPT Corporation invest $3 million in blockchain startup Utop

According to FPT's official website, on April 17, Japan's SBI Holdings and Vietnam's FPT Corporation signed a memorandum of understanding in Tokyo, which will invest $3 million in the joint venture Utop. It is reported that Utop aims to open up the points program between merchants, allowing users to obtain and redeem points through different merchants in the same network. Utop is developed based on FPT-based enterprise blockchain platform akaChainTM, which has been financed, insured in many countries. Many areas such as retail and supply chain have been applied.