SBI Holdings, Inc today announced that, through its subsidiary, it has acquire shares in Ajaib Group, which operates Indonesia’s leading online multi-asset investment platform handling equities, crypto assets, payments and FX.

Through the investment, the SBI Group acquired a minority stake of approximately 20% in the Ajaib Group. Accordingly, the Ajaib Group has become an equity-method affiliate of SBI Holdings.

The Ajaib Group, based in Jakarta, Indonesia, began as an online securities brokerage and has grown into a comprehensive investment and treasury platform spanning both traditional and digital assets.

By combining the strengths of the Ajaib Group and the SBI Group, the two companies will promote the adoption of digital assets in Asia.

“In this era of tokenization, the importance of global infrastructure for digital assets is greater than ever. The SBI Group has set forth the ‘SBI APAC Digital Economic Zone’ concept—building next-generation digital financial infrastructure and contributing to the development of APAC—and, as its foundation, is establishing a network of digital asset exchanges around the world, centered on the countries of Southeast Asia. As a platform that handles traditional financial products together with digital assets, the Ajaib Group is a perfect match for the SBI Group’s vision, and we are very pleased to be able to build a strategic partnership on this occasion,” stated Yoshitaka Kitao, Representative Director, Chairman & President of SBI Holdings.

“We are honored to have the SBI Group join us as a long-term strategic partner. Southeast Asia is home to the next billion people who will discover financial services, and they will discover them in a world shaped by digital assets, tokenized real-world assets and AI. We share Chairman Kitao’s conviction that the infrastructure for this future is being built today, and we could not ask for a better partner to share our vision with. Together, we will accelerate our mission of welcoming a new generation to modern financial services, in Indonesia and beyond,” shared Anderson Sumarli, Co-Founder & CEO of the Ajaib Group.