TOPICS
Sony Bank Announces a Strategic Relationship with Regulated Stablecoin Infrastructure Provider Bastion for US Dollar-based Stablecoin Business Development.
December 5, 2025
Sony Bank Inc.
Sony Bank Inc. (President and CEO, Representative Director: Keiji Minami; Head Office: Chiyoda-ku, Tokyo; hereinafter referred to as "Sony Bank") today announced that it has entered into a strategic relationship with Bastion Platforms, Inc. (CEO: Nassim Eddequiouaq; Head Office: New York, NY, USA; hereinafter referred to as "Bastion"), a provider of regulated stablecoin (*1) infrastructure based in the United States. The strategic relationship aims to accelerate innovation in the digital asset (*2) space.
- (*1) A type of on-blockchain asset designed to maintain a stable price. By pegging its price to a fiat currency, such as the US dollar, it is expected to be used for various applications, including as a means of payment.
- (*2) This is a general term for assets that can be recorded and transferred electronically using technologies such as blockchain.
- Purpose of the Strategic Relationship
-
Sony Bank is exploring the development of a stablecoin payment ecosystem using blockchain technology for Sony affiliated companies, and is also considering the establishment of a subsidiary in the United States.
Through this strategic relationship, Sony Bank and Bastion will jointly advance concrete plans. Bastion's infrastructure will be leveraged for the issuance and redemption of stablecoins, and the aim is to create new financial experiences for the digital age.
- About Bastion Platforms, Inc.
- Bastion is a financial institution that provides regulated infrastructure of stablecoin services for enterprises, fintechs, and brokerages to launch and scale digital asset products. Bastion powers secure and globally compliant stablecoin issuance, wallets, on/off ramps, cards, and yield products for enterprises and financial institutions. With an NYDFS (New York State Department of Financial Services) trust charter and additional state money transmitter licenses, Bastion enables enterprises to offer branded stablecoins to their users, support compliant crypto buy/sell flows, and move value globally within a secure, licensed, and compliant framework.
| Company Name | Bastion Platforms, Inc. |
|---|---|
| Representative | Nassim Eddequiouaq |
| Location | New York State, United States |
| Established | November 2022 |
| URL | https://Bastion.com |
This English translation is provided for reference purposes only. Original Japanese version is the official document. Please refer to the Japanese version.