Stablecoin neobanking platform Fasset raised $68 million in a Series C funding round led by Japan’s SBI Group at a $1 billion valuation. The financing follows a $51 million Series B in May, bringing the company’s total funding raised in 2026 to $119 million. SBI plans to increase its stake in Fasset and make it an equity-method affiliate after the round closes. The companies also plan to jointly operate a digital bank in Malaysia and distribute Fasset-issued tokens.
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