Overview
- Startale, which on Wednesday disclosed a $63 million Series A, drew $50 million from SBI Group and added the $13 million first close led by Sony Innovation Fund in January.
- Funding will expand Strium, a blockchain built for trading tokenized securities and other real‑world assets, and develop the Startale app into a SuperApp for payments and asset management.
- Startale plans wider use of its yen stablecoin JPYSC and dollar token USDSC, with JPYSC structured as a trust bank‑backed coin meant to serve as a regulated settlement option in Japan.
- The consumer push centers on Sony’s Soneium network, where the Startale app is set to host tokenized assets, stablecoin payments, Mini Apps, and social features in one place.
- SBI and Startale previously teamed on Strium and the JPYSC design, and Japanese officials have voiced support for linking crypto rails to stock markets, which could ease rollout of tokenized Japanese equities.