https://cryptobanking.news/banks/state-bank-of-india/Verified items about State Bank of Indiahttps://cryptobanking.news/item/soter-sc-ventures-sbi-series-b/https://cryptobanking.news/item/soter-sc-ventures-sbi-series-b/Thu, 05 Nov 2026 00:00:00 GMTAbu Dhabi-based Soter Insure said on 5 November 2026 that SC Ventures, Standard Chartered's innovation and ventures arm, and Japan's SBI Group have joined its Series B as strategic investors, alongside a follow-on from Token Bay Capital, in a Galaxy-led round that also includes Coinbase Ventures, Franklin Templeton and Brevan Howard Digital from the first close announced in July 2026. Soter said it will use the proceeds to increase insurance capacity, deepen underwriting and technology, and expand in Asia-Pacific through its Hong Kong presence, Europe and the US. The firm offers digital asset insurance for financial institutions, including D&O, professional indemnity, crime, specie, slashing and smart contract failure cover, denominated in fiat and native digital assets. Source: https://www.soter.insure/blog/sc-ventures-and-sbi-join-soter-insures-series-b-alongside-follow-on-from-token-bay-capitalcustodyregulationhttps://cryptobanking.news/item/sbi-startale-blackrock-tokenized-mmf-jpysc-mou/https://cryptobanking.news/item/sbi-startale-blackrock-tokenized-mmf-jpysc-mou/Tue, 27 Oct 2026 00:00:00 GMTSBI Holdings and Startale Group announced on 27 October 2026 that they have signed a memorandum of understanding with BlackRock Financial Management and BlackRock Japan to explore a digital asset ecosystem connecting tokenized money market funds with JPYSC, which the release describes as a yen-denominated trust-type stablecoin. The companies will examine three areas: technology and infrastructure, business and distribution, and regulation and market development, and say the collaboration is intended to be open to other financial institutions and businesses in Japan and internationally. Source: https://www.startale.com/en/blog/blackrock-startale-sbistablecoinstokenized-deposits