SEA Deal Ticker
Japan is assembling an APAC digital zone one stake at a time: SBI takes 20% of Ajaib
SBI Holdings takes a fifth of the Jakarta platform, its largest round since 2022. Ajaib began as a 2018 brokerage and now sells equities, bonds, ETFs, crypto, stablecoins and forex; it raised $245 million in 2021 above $1 billion.
Positive-sum angle: Stablecoin rails licensed inside a conventional brokerage widen what an ordinary Indonesian saver can hold without ever opening an offshore account.