SBI Holdings participates in Circle’s ARC token presale
SBI Holdings, Inc today announced that, through one of its consolidated subsidiaries, it has participated in the presale of the “ARC Token,” the native token of “Arc,” a Layer 1 blockchain for stablecoin enabled finance , being developed by Circle Technology Services, LLC, a subsidiary of Circle Internet Group, Inc.
According to Circle’s announcement, the presale is expected to raise a total of $222 million through a consortium of leading investors.
In November 2023, SBI Holdings signed a Memorandum of Understanding (MOU) with Circle Internet Financial, LLC, an affiliate of Circle, for a strategic business alliance to explore the circulation of USDC and to promote the use of Circle’s Web3-related services in Japan.
Following the MOU, SBI Holdings entered into a formative joint agreement with Circle Internet Holdings, Inc in March 2025 for the establishment of a joint venture, and subsequently completed the establishment of Circle SBI Japan KK in the same year.
In addition, in March 2025, SBI VC Trade Co., Ltd, a consolidated subsidiary of SBI Holdings engaged in the crypto-asset exchange business, became the first and sole company in Japan to register as an Electronic Payment Instruments Service Provider and subsequently began offering USDC trading services.
Furthermore, pursuant to Circle’s listing on the New York Stock Exchange (NYSE), the SBI Group acquired shares in Circle equivalent to USD 50 million as a strategic investment.
Participation in the ARC Token presale further strengthens SBI Group’s strategic relationship with Circle and aligns with the Group’s strategy of promoting on-chain transformation through the utilization of digital assets.
