Japanese financial conglomerate SBI Holdings announced the creation of a new enterprise that will focus on the production of chips and cryptocurrency mining systems.
The message on the company's website says that SBI Mining Chip Co. (SBIMC) is part of SBI Holdings digital asset strategy.
マイニングチップ製造ならびにマイニングシステムの開発を行うSBI Mining Chip株式会社設立のお知らせ(SBIホールディングス) |ニュースリリース| SBIホールディングスhttps://t.co/NsGtbOlW6b
– 北 尾 吉 孝 (@yoshitaka_kitao) March 22, 2019
The new enterprise will work in partnership with an unnamed major semiconductor manufacturer from the United States, and its former head, Chip Estimate and WearSens Adam Trademan, will head it. Currently, Trademan heads the BRD mobile cryptocurrency wallet development company, in which SBI Holdings invested $ 15 million in January of this year.
Recall that its plans to launch a broad offensive against the cryptocurrency industry were announced by SBI Holdings in October 2017. Since then, the corporation has made numerous investments in various projects, and also intends to promote the mass adoption and practical use of the RR Xle XRP token.
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