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

_Monday, August 24, 2026 at 7:00 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)

---
Canonical: https://techandbusiness.org/newswire/jgKa5O9LIGxFwU-THL0HPP
Retrieved: 2026-08-24T15:42:31.110Z
Publisher: Tech & Business (techandbusiness.org)