SBI Holdings, Inc today announced that it has made a strategic investment of USD 50 million in Clear Street Group, Inc., a US-based next-generation securities infrastructure provider operating across the U.S. and Europe.

SBI Holdings and Clear Street have also agreed to pursue a strategic partnership toward a joint venture.

Clear Street is a next generation capital markets infrastructure company providing a cloud technology-based equities trading, clearing, and risk management platform and caters to institutional investors, hedge funds, and individual investors in the United States and Europe a wide variety of financial services. Clear Street has strengths in leveraging cutting-edge systems to manage diverse financial assets on a single platform, while significantly reducing fixed costs through a cloud-based core system, making sophisticated prime brokerage services accessible to emerging funds and individual investors.

This investment forms part of SBI Group’s growth strategy to evolve its business ecosystem centered on the Financial Services Business and expand its overseas business platform, and Clear Street’s advanced technology platform and flexible business model demonstrates strong alignment with SBI Group’s strategies.

Furthermore, contingent on the establishment of a joint venture in Japan, the two companies will consider joint business operations in fields such as equities trading, prime brokerage, and digital asset related services.

Through this investment and strategic partnership, SBI Holdings and Clear Street will seek to integrate SBI Group’s customer base and global network together with Clear Street’s next-generation capital markets platform and its cloud native prime brokerage functions, and will endeavor towards expansion of customer base including domestic and overseas institutional investors and small to mid-size funds as well as further improve customer convenience by expanding products and service offerings.