Japan-based SBI Holdings and Group has associated with Northern Data for Blockchain cooperation and Development, and SBI will be hosting its servers for the forthcoming facility in Texas for Northern Data. This strategic alliance enables both companies to grow under the Blockchain ecosystem.

As in a recent report, SBI crypto is all set to host Whinstone’s new data center in Texas, which is designed to open in March 2020. Northern Data is the brainchild of both companies Northern Bitcoin and American Whinstone US.

The strategic alliance will also concentrate on other areas such as Blockchain technology infrastructure and including related projects with joint software development and release as per the strategic agreement.

The CEO of Northern Data Aroosh Thillainathan gave thought on this partnership, saying that both companies will profit from the association. He was delighted to partner with such a significant infrastructure, which is one of the leading financial and technology holding company relatively near to theirs.

With all its achievements and activities, SBI has made a positive display of leadership in the emerging cryptocurrency and Blockchain industry. The CEO strongly affirms these achievements will present a strong force to drive both companies into a healthier future, allowing Blockchain and Crypto services alongside. 

SBI Group

SBI Crypto is a derivative of the SBI group, which is a financial giant, and principally focuses on the digital asset mining business. This is one of the top companies in Japan that is entirely dedicated to Cryptocurrency and Blockchain.

SBI had previously collaborated with Ripple to support a Blockchain-based cross border payments network under the name SBI Ripple Asia.

SBI has also secured strategic investments last year around seven figures in the currency for further Development in this sector. The plan Texas mining farm was being planned back since 2019 said both the companies and now has the chance to recognize it to the public audience.