Japanese listed company Ceres enters capital and business partnership with SBI Holdings
Japanese listed company Ceres announced that it has entered a capital and business partnership with SBI Holdings.
Under the agreement, SBI Holdings or one of its subsidiaries will acquire up to 1% of Ceres’ outstanding common shares. The timing and method of the acquisition will depend on market conditions.
Ceres operates mobile services, including the points website Moppy, and is also involved in cryptocurrency, blockchain, and AI.
The company will also contribute 300 million yen (approximately US$2 million) to the SBI Neo Contents Fund. The two parties plan to work together in financial services by leveraging Moppy’s member base.
$BTC market data (Nov 12, 17:50): Current price 73,430, down 0.3% over 24 hours.
Range: 73,260–74,811.45; trading volume: US$904 million.
Japanese listed company Ceres announced that it has entered a capital and business partnership with SBI Holdings.
Under the agreement, SBI Holdings or one of its subsidiaries will acquire up to 1% of Ceres’ outstanding common shares. The timing and method of the acquisition will depend on market conditions.
Ceres operates mobile services, including the points website Moppy, and is also involved in cryptocurrency, blockchain, and AI.
The company will also contribute 300 million yen (approximately US$2 million) to the SBI Neo Contents Fund. The two parties plan to work together in financial services by leveraging Moppy’s member base.
$BTC market data (Nov 12, 17:50): Current price 73,430, down 0.3% over 24 hours.
Range: 73,260–74,811.45; trading volume: US$904 million.
