SBI : China bitcoin platform Huobi says to set up two exchanges with SBI Holdings
December 07, 2017 at 02:48 am EST
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BEIJING (Reuters) - Chinese cryptocurrency exchange Huobi on Thursday said it has signed a cooperation agreement with Japan's SBI Holdings Inc to set up two new exchanges, SBI Virtual Currency and Huobi Japan.
The new exchanges will start operations at the beginning of 2018, Huobi said on its official microblog.
SBI Holdings Inc is a Japan-based company mainly engaged in the financial business. The Company operates five business segments. The Financial Services segment engages in various finance related businesses, centered on securities related, banking, and insurance businesses in Japan and overseas. The Asset Management segment is engaged in investment management, including the establishment, offering, and management of investment trusts, investment advisory services, and provision of financial products information. The Investment segment includes investment in domestic and overseas information technology (IT), fintech, blockchain, financial, and biotechnology related venture companies. The Crypto-asset segment provides crypto-asset exchange and trading services. The Non-financial segment is engaged in various businesses such as bio-healthcare & medical informatics business, Web3 related business, renewable energy business, and businesses developing in new overseas markets such as Africa.
SBI HOLDINGS, INC. 
