Startale Group said it closed a $63 million Series A round, adding $50 million from SBI Group to an initial close of $13 million from Sony Innovation Fund in January.
The Singapore-based company, which operates in Japan, builds blockchain tools for both financial companies and retail users. Its products include Strium, a blockchain for tokenized securities and other real-world assets, yen stablecoin JPYSC, dollar stablecoin USDSC, and the Startale app, a consumer app linked to Sony-backed layer-2 network Soneium.
The financing brings together Startale’s two most important strategic partners, the firm said. SBI has worked with the company on Strium and JPYSC, while Sony has supported Startale through its investment arm and its work with Soneium.
The round reflects Startale’s efforts to build across multiple layers of the onchain economy, from financial infrastructure and settlement tools to end-user applications.
Startale said it will use the funding to scale Strium for tokenized securities and real-world asset trading, expand adoption of JPYSC and USDSC, and develop the Startale app into a broader platform for asset management, payments and onchain services to become a “SuperApp.”
CEO Sota Watanabe said the company will also use the funding to push tokenized shares tied to Japanese stocks and expand yen stablecoin adoption this year.
The round lands as Japan works to test how blockchain systems can connect to existing financial infrastructure. Japanese Finance Minister Satsuki Katayama said earlier this year that she fully supports the integration of crypto trading into the country’s exchanges.
