SBI Holdings, Mesh Connect Inc., and Money Forward have announced a basic agreement to establish a joint venture company in Japan, aiming to complete the setup by 2026. The initiative will focus on building infrastructure for digital asset purchasing, transferring, payments, and on-chain settlements. The proposed company name is Mesh SBI Money Forward Network KK, with a registered capital of 100 million yen. Ownership stakes will be divided as follows: Mesh holds 60%, SBI Group 26%, and Money Forward 14%. The business scope includes expanding Crypto Asset Service Provider (CASP) operations in Japan, as well as offering account connectivity between exchanges, wallets, and payment services, digital asset transfers, and stablecoin payment solutions. (MoneyForward) https://(wublock123.com)/news/sbi-holdings-japanese-firms-joint-venture-digital-assets-stablecoin-payments-69662