Japan’s SBI to Launch Crypto Fund with 50% in XRP: Author – CFR

Reported By: CryptoFundReport.com

IHODL – SBI expects to achieve a high level of diversification with cryptocurrencies for the investment portfolio as digital assets barely correlate with traditional assets.  According to the SBI Business Presentation Material, the fund will allocate 50% in XRP, 25% in bitcoin and 25% in ether.  SBI also reported it plans to roll out its own exchange for Security Token Offerings by the end of this year.

 

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