SBI buys 20% of Indonesia's Ajaib for $270M

August 28, 2026

Japanese financial giant SBI is acquiring a 20% stake in Indonesian online brokerage Ajaib for $270 million. The deal is aimed at building a cross-border, blockchain-based settlement network and expanding the reach of SBI's yen stablecoin across Southeast Asia.

Sources

SBI buys 20% stake in Indonesia's Ajaib for $270 million to expand yen stablecoin in Southeast Asiacoindesk.com ↗

CoinDesk

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SBI buys 20% of Indonesia's Ajaib for $270M — Outposts