TOKYO -- SBI Holdings is forging a capital tie-up with cryptocurrency trading platform Huobi to tap the Chinese company's expertise in exchange systems and operational know-how as it prepares to launch its own bourse early next year.
Huobi will take a 30% stake in SBI Virtual Currencies, a unit of the Japanese group, while SBI will purchase 30% and 10% interests in the Chinese partner's Japanese and South Korean subsidiaries, respectively.
