The Yen Helps Sumitomo Mitsui Financial Group Soar To New 52-Week Highs

Yen, Japan, Sumitomo Mitsui getty Reacting positively to Japan’s central bank’s move to changes in its funds rate, Sumitomo Mitsui Financial Group blasted upward to a new high for the year. As the yen...

Japan’s Sumitomo Mitsui to issue soulbound tokens to explore Web3

The Japanese financial group Sumitomo Mitsui Financial Group (SMBC) is moving to explore the benefits of Web3 by issuing soulbond tokens (SBTs). Proposed by Ethereum creator Vitalik Buterin, SBTs refe...

Japan’s Sumitomo Mitsui Boosts Stake In Philippines’ RCBC With $460 Million Investment

The Rizal Commercial Banking Corporation (RCBC) Tower in Makati central business district. Richard James Mendoza/NurPhoto via Getty Images Sumitomo Mitsui Banking Corp. has agreed to invest a further ...

Sumitomo Mitsui Financial Group Japanese Bank is planning to develop NFT Business

SMBC(Sumitomo Mitsui Financial Group) is ready to enter NFT Business.  SBI acquired an NFT firm and renamed it SBINFTs. SMBC (Sumitomo Mitsui Financial Group) is about to launch NFT Business in c...

Russia Takes Control of International LNG Project

Russia took control of the international consortium behind the giant Sakhalin-2 oil-and-natural-gas project, handing it to a new Russian entity that will effectively give the Kremlin say over which fo...

Major Japanese Bank Sumitomo Mitsui Trust to Launch Cryptocurrency Custody Business – Bitcoin News

Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryp...

Sumitomo Mitsui Trust to Establlish a Crypto Firm Targeting Instiutional Clients

Sumitomo Mitsui Trust – one of the largest asset managers in Asia – will tap Tokyo-based crypto exchange Bitbank to set up a company offering digital asset services to institutional clients this year....

Japanese Bank Sumitomo Mitsui Trust to Establish Digital Asset Custodian: Report

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Mitsui & Co. Profit Hits Record, to Stay Involved in Russian Gas

(Bloomberg) — Japanese trading giant Mitsui & Co. nearly tripled its full-year profit to an all-time high on soaring energy and commodity prices, and said the company will keep its involveme...

Mitsui to launch gold-based prices for stablecoin

Stablecoin prices linked to gold will be launched by Mitsui & Co. Ltd Gold-pegged stablecoin ahead of DCJPY launch, which is another major Japanese stablecoin project  It will help to mitigate fin...

Japan’s Biggest Bank Mitsui & Co. Releasing Its Own Cryptocurrency

Japanese trading house Mitsui & Co. has planned to roll out its ZipangCoin (ZPG) digital currency as early as this month. As reported, ZipangCoin (ZPG) will be linked to gold prices and sold to re...

New gold-based stablecoin by trading giant Mitsui reportedly on the way

Japanese trading house Mitsui is reportedly planning to issue a cryptocurrency pegged to gold, local news agency Nikkei Asia reported Friday. Called ZipangCoin (ZPG), Mitsui’s new digital currency wil...