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The Stablecoin Bank Nobody Saw Coming Just Hit $1 Billion Valuation With SBI’s Backing

By Trader Edge at 2026-09-27 09:21

Sentiment: Positive

TLDR Fasset raised $68 million led by Japan’s SBI Group, hitting a $1 billion valuation The stablecoin neobank processes over $40 billion in annualized transaction volume across 125 countries Revenue has grown six-fold year over year and the company has been profitable for 12 consecutive months Fasset runs on OWN Network, a proprietary Ethereum Layer [...] The post The Stablecoin Bank Nobody Saw Coming Just Hit $1 Billion Valuation With SBI’s Backing appeared first on CoinCentral. Continue reading...

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