SBI’s Growing Crypto Exposure Brings Risks

[ed]

SBI Holdings — a major Japanese TradFi firm — has pushed deep into crypto with Bitcoin ETFs, tokenized stocks, and stablecoins.
That expansion may have also opened new attack surfaces.
If the alleged $21M hack is real, SBI becomes another high-profile victim in a wave of state-backed crypto thefts.

[Abdul Khan]

️ SBI’s aggressive push into Bitcoin ETFs, tokenized stocks & stablecoins has boosted its crypto footprint — but also widened the attack surface.

[Rimon Khan]

If the $21M hack is confirmed, it places SBI among the growing list of high-profile victims of state-backed crypto theft.

[Rimon Khan]

[Nahid Hossen]

21$M hack