SBI, Mesh and Money Forward plan crypto joint venture in Japan

SBI Holdings, Mesh and Money Forward are planning to set up a crypto joint venture in Japan, according to Techub, which cited Tech in Asia. The planned entity would bring together SBI, a major Japanese financial group, Mesh, a U.S. blockchain infrastructure company, and Money Forward, a Japanese fintech firm. The venture is expected to launch in Japan in the fourth quarter of 2026. Its exact start date has not been finalized and remains subject to regulatory approval. No additional details about the company’s structure, business scope or ownership arrangement were disclosed in the brief report. The update points to a cross-border partnership involving financial and blockchain infrastructure firms, but the timeline still depends on clearance from regulators before the launch can proceed.