Startale raises $63M with SBI and Sony backing

Startale Group has raised $63 million in a Series A round backed by SBI Group and Sony Innovation Fund to expand its tokenised finance infrastructure in Japan.

The funding includes $50 million from SBI and $13 million from Sony, bringing together key strategic partners already involved in Startale’s blockchain and consumer products.

CEO Sota Watanabe said the company will use the capital to scale tokenised securities, expand stablecoin adoption, and develop its platform into a “SuperApp” for onchain services.

Startale’s ecosystem includes Strium, a blockchain for tokenised securities, as well as yen and dollar stablecoins JPYSC and USDSC, alongside a consumer app linked to Sony-backed layer-2 network Soneium.

The company plans to push tokenised stocks tied to Japanese equities and broaden adoption of its yen stablecoin as part of its growth strategy.

The funding reflects a wider push in Japan to integrate blockchain into financial infrastructure, with policymakers supporting closer links between crypto and traditional markets.

The move positions Startale to compete in the expanding tokenisation sector, as financial institutions and governments explore blockchain-based asset issuance and settlement systems.