Wu said that according to CoinPost, citing Nikkei News, Japanese financial giant SBI Holdings will start operating a fund to invest in Web3, AI, Metaverse and other startups within this year. Each investment amount is expected to be between hundreds of millions and billions of yen, with a total of 150 to 200 investment companies, and the total fund amount is expected to reach 100 billion yen (about 663 million US dollars). Sumitomo Mitsui Banking Corporation, Mizuho Bank, Nippon Life Insurance and Daiwa Securities Group have decided to invest more than 50 billion yen in the fund.