Key facts
- SBI Holdings plans to make the $100 million investment through a local subsidiary in the US.
- SBI said the investment aims to acquire digital banking expertise and boost its US business.
- The report said SBI is eyeing blockchain settlements as part of the investment.
SBI Holdings said on November 3, 2026 that it will invest $100 million in US-based startup Erebor Bank, according to a report by Nikkei. The Japanese financial group said it plans to make the investment through a local subsidiary in the US.
SBI said the investment aims to acquire digital banking expertise and bolster its US business. The report said the group is eyeing blockchain settlements as part of the move.