Startale Completes $63 Million Series A Funding with $50 Million Raise from SBI

Mars Finance reports that on March 26, Japanese Web3 infrastructure company Startale announced that SBI invested $50 million, completing a $63 million Series A funding round. The two companies focus on tokenized securities, stablecoins, and consumer chain products in Japan. Startale Group CEO Sota Watanabe said, “Through in-depth cooperation with SBI, we will accelerate the adoption of tokenized stocks centered on the Japanese stock market and the Japanese yen stablecoin this year.”