Odaily News Japanese financial giant SBI Holdings will start operating funds to invest in startups such as Web3, AI, and Yuanverse within this year. The amount of each investment is expected to be between several hundred million and more than one billion yen, with a total of 150 to 200 investing companies. The maximum size of the fund is expected to reach 100 billion yen (approximately US$663 million). Large domestic banks and regional banks will also provide financial support to Japanese startups. In addition, Sumitomo Mitsui Banking Corporation, Mizuho Bank, Nippon Life Insurance and Daiwa Securities Group have decided to inject more than 50 billion yen into the fund. (CoinPost)