Japan’s Second Largest Bank SMBC Is Planning to Enter NFT and Web3 Business

  • The Sumitomo Mitsui Banking Corporation (SMBC), the second largest bank in Japan, has announced it is going to enter the cryptocurrency asset business, taking NFT services and Web3 as its main priority in the field.
  • To achieve this goal, SMBC has partnered with Hashport, a company that specializes in offering tokenization solutions and listing services.