Japan’s SBI Group Invests $15 Million in Tangem Crypto Wallet

Announced today, Japanese banking giant SBI Group has invested in Swiss crypto startup Tangem.

The company is the creator of a slimline hardware cryptocurrency wallet.

SBI Group Invests in Tangem

SBI is offering its support to Tangem with a $15 million USD investment. It will use the capital to expand into areas such as stablecoins, ICOs, tokenized asset offerings, and digital identity.

Tangem Crypto Wallet

Described by the company as a “smart banknote for digital assets,” Tangem’s cryptocurrency wallet mimics a bank card in that it allows a user to make off-chain ...

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