Fasset hits $1B valuation after pulling $68M from SBI Group

Stablecoin neobank Fasset secured $68 million in Series C funding led by Japan's SBI Group, bringing its total 2026 raise to $119 million and valuation to $1 billion. The digital bank uses stablecoins on an Ethereum Layer 2 to power crypto cards and bank account transfers across 50 payment corridors.