SBI Group acquires 20% stake in Ajaib Group

SBI Holdings announced that through its subsidiary it has acquired shares in Ajaib Group, which operates Indonesia's leading online multi-asset investment platform covering equities, crypto assets, payments and FX.

The investment gives SBI Group a minority stake of approximately 20% in Ajaib Group, making the company an equity-method affiliate of SBI Holdings.

Ajaib Group, based in Jakarta, started as an online securities brokerage and has expanded into a comprehensive investment and treasury platform spanning traditional and digital assets.

The two companies said they will combine their strengths to promote digital asset adoption across Asia.

"In this era of tokenization, the importance of global infrastructure for digital assets is greater than ever. The SBI Group has set forth the 'SBI APAC Digital Economic Zone' concept—building next-generation digital financial infrastructure and contributing to the development of APAC—and, as its foundation, is establishing a network of digital asset exchanges around the world, centered on the countries of Southeast Asia. As a platform that handles traditional financial products together with digital assets, the Ajaib Group is a perfect match for the SBI Group's vision, and we are very pleased to be able to build a strategic partnership on this occasion," stated Yoshitaka Kitao, Representative Director, Chairman & President of SBI Holdings.

"We are honored to have the SBI Group join us as a long-term strategic partner. Southeast Asia is home to the next billion people who will discover financial services, and they will discover them in a world shaped by digital assets, tokenized real-world assets and AI. We share Chairman Kitao's conviction that the infrastructure for this future is being built today, and we could not ask for a better partner to share our vision with. Together, we will accelerate our mission of welcoming a new generation to modern financial services, in Indonesia and beyond," shared Anderson Sumarli, Co-Founder & CEO of Ajaib Group.