Softbank

  • Softbank: Silicon Valley Bank has little influence on companies supported by Softbank Vision Fund

    According to reports, Softbank Group said that the collapse of Silicon Valley Bank had little impact on companies supported by SVF (Softbank Vision Fund). Softbank also said: “It is not expected that the Bank of Silicon Valley will have an impact on our financial situation.” Interpretation of this information: Softbank Group, a Japanese conglomerate, recently affirmed that the bankruptcy of Silicon Valley Bank (SVB) will not considerably affect the firms supported by Softbank Vision Fund (SVF). This announcement is crucial as Softbank Vision Fund is one of the biggest technology-focused…

    03/13/2023
    189
  • Overview of important developments in the evening of February 24

    12:00-21:00 Key words: IMF, Korea, Polygon, Softbank Interpretation of this information: The given message pertains to certain events and news that have surfaced recently and are significant in their own right. Firstly, it mentions the IMF (International Monetary Fund), which is an international financial institution that primarily provides financial assistance to its member countries in times of economic distress. It is also responsible for monitoring and maintaining the stability of the global financial system. This presumably implies that there has been some recent development or news related to the IMF….

    02/24/2023
    249
  • Softbank will participate in the Japanese game blockchain Oasys as the verifier

    On February 16, Softbank revealed that it would participate in the Japanese game blockchain Oasys as a verifier. At present, 21 initial verifiers operating Oasys blockchain include game companies such as Square Enix, Sega, Bandai Namco Labs and GREE, and Web3 companies such as bitFlyer and Aster. Interpretation of this information: Softbank, a Japanese multinational conglomerate holding company, recently announced its decision to participate in the game blockchain Oasys as a verifier. This decision will make Softbank one of the 21 initial verifiers operating Oasys blockchain. These verifiers include leading…

    02/16/2023
    170