SBI plans to invest in digital asset subsidiary of Germany's second largest stock exchange

According to Finance Magnates, Japanese financial giant SBI Holdings announced Friday that it plans to invest in two digital asset-focused subsidiaries of Boerse Stuttgart Group, Germany's second largest stock exchange, Boerse Stuttgart Digital Exchange GmbH and Boerse Stuttgart Digital Ventures GmbH. The two companies control the digital asset business in Germany and the rest of Europe, which will help SBI develop its digital asset ecosystem. SBI's cooperation with Boerse Stuttgart Group will also extend to Asia, including Japan.