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Japan’s SBI leads $68M Fasset funding round at $1B valuation

Fasset secures $68 million in a Series C round led by SBI Group, with plans to launch a digital bank in Malaysia and expand stablecoin payments.

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Marcus Webb · Crypto Desk · 24 Aug 2026 · 14:31 · 1 min read
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Japan’s SBI leads $68M Fasset funding round at $1B valuation

Fasset has raised $68 million in a Series C funding round led by Japan’s SBI Group. The round values Fasset at $1 billion.

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The companies plan to establish a digital bank in Malaysia and expand stablecoin payment services as part of the collaboration.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Marcus Webb
Crypto Desk

Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.

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