SBI Holdings will be started to Japan by the first cryptocurrency fund on the basis of Ripple

The Japanese financial conglomerate SBI Holdings announced start of the country's first cryptocurrency fund. 50% of its assets will be in a coin of Ripple financial that - the company of Ripple. The second half of fund will make Bitkoin (30%) and Efirium — 20%. In companies emphasized that cryptoassets have low correlation with traditional assets, such as actions or bonds, and the fund will help retail investors effectively to diversify the investments. Custodian of digital assets cryptocurrency exchange will act as SBI VC Trade which works as a part of holdings since 2018. Start of cryptofund is expected in...