Crypto news report · source clearly identified
SBI Holdings Invests $270 Million for 20% Stake in Ajaib Amid Asian Digital Asset Expansion
SBI Holdings has committed $270 million to acquire a 20% ownership share in Indonesian fintech Ajaib, which provides crypto, stablecoins and OTC settlement services alongside traditional investment products.
SBI Holdings announced a $270 million investment to purchase a 20% equity stake in Ajaib, a fintech platform based in Indonesia. The deal underscores SBI’s strategy to deepen its presence in the rapidly growing Asian digital‑asset market.
Strategic focus on digital assets
Ajaib’s product suite blends conventional investment options with cryptocurrency and stablecoin offerings, positioning the platform as a bridge between traditional finance and emerging digital‑asset services.
Institutional services
Beyond retail access, Ajaib provides over‑the‑counter (OTC) settlement services tailored for institutional clients, facilitating large‑scale crypto transactions with added liquidity and compliance support.
Implications for the region
The partnership aligns with SBI’s broader push to capture market share in Asia’s expanding crypto ecosystem, leveraging Ajaib’s local footprint and regulatory foothold.
Source & attribution
News Source
- Publisher
- The Block
- Original date
- August 28, 2026, 1:32 PM
- Original headline
- SBI Holdings invests $270 million in Ajaib, taking 20% stake amid Asia digital asset push