Japan’s SBI Holdings, a prominent financial services company, has made a significant investment of $50 million in Circle Internet Group (Circle) following the latter’s successful IPO on the New York Stock Exchange. This strategic move marks an expansion in collaboration between the two companies. Circle aims to use this funding to further promote its USDC stablecoin, which is already available on SBI VC Trade platform since March. SBI Holdings has a history of working with crypto projects and previously invested in XRP and Ripple’s blockchain technology. The company also supports Solana NFT initiatives in Japan. 📈 Circle shares saw impressive performance following their IPO debut, soaring over 100% in just two days. SBI’s investment reflects its belief in the potential of USDC for digital dollar transactions and cost-effective electronic payment solutions.