Fasset Hits $1 Billion Valuation After $68 Million SBI-Led Funding Round

Fasset has joined the fintech unicorn club after raising $68 million in a Series C funding round led by Japan's SBI Group, valuing the stablecoin-focused financial platform at $1 billion.

The round comes only months after Fasset completed a $51 million Series B in May.

Together, the two rounds have brought the company's 2026 fundraising to $119 million and underline growing investor interest in businesses building infrastructure around stablecoins rather than simply issuing new digital currencies.

Fasset says it now processes more than $40 billion in annualized transaction volume, supports more than 3 million wallets and serves over 1,000 enterprises across 125 countries.

The fresh capital will be used to expand Own Network, Fasset's financial infrastructure connecting banks, telecom companies, payment providers, liquidity providers and settlement systems across international markets.

The company also plans to increase investment in artificial intelligence systems used for payment routing, stablecoin settlement, corridor banking and tokenized assets.

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