# Fasset says it raised $68 million at a $1 billion valuation

_Published Monday, August 24, 2026 at 10:07 AM EDT · Capital · Latest · Tier 2 — Notable_

Stablecoin-focused digital bank Fasset said it raised $68 million in a funding round led by Japan's SBI Group, according to CoinDesk as summarized by Techmeme. The company offers stablecoin-powered banking services across Asia and other emerging markets. The reported valuation is $1 billion. Fasset had previously raised $51 million in May, the summary says.

## Sources

- [Techmeme](https://www.techmeme.com/260824/p13#a260824p13)

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Canonical: https://techandbusiness.org/newswire/jgKa5O9LIGxFwU-THL0HPP
Published: 2026-08-24T14:07:17.070Z
Story chronology: 2026-08-24T11:00:56.000Z
Retrieved: 2026-10-08T19:40:13.433Z
Publisher: Tech & Business (techandbusiness.org)