1. Homepage
  2. Equities
  3. Japan
  4. Japan Exchange
  5. SoftBank Group Corp.
  6. News
  7. Summary
    9984   JP3436100006

SOFTBANK GROUP CORP.

(9984)
  Report
Delayed Japan Exchange  -  05/20 02:00:00 am EDT
5232.00 JPY   +3.50%
05/20Gardant teams up with AMCO in race for BPER's NPL unit-sources
RE
05/20Japanese shares end higher on bargain-hunting; post weekly gains
RE
05/20TikTok Forays into Gaming to Boost Ad Revenue
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

Tiger Global, Sapphire led funding round values block chain firm Blockdaemon at $3.25 bln

01/26/2022 | 05:08pm EDT

Jan 26 (Reuters) - Tiger Global Management and Sapphire led a $207 million financing round in Blockdaemon, valuing the block chain firm at $3.25 billion, the company said on Wednesday.

Several large investors and financial institutions are warming to crypto and other digital assets, boosting demand for blockchain-related firms.

In a separate announcement, Blockdaemon said it had partnered with Stakewise to build a liquid staking product on the block chain network Ethereum. This would allow clients to use the staked capital for borrowing or lending.

Existing investors SoftBank Group Corp's Vision Fund 2, Boldstart Ventures, StepStone Group, Matrix Capital Management and Lerer Hippeau also participated in the latest fundraising.

"The digital asset class is here to stay, especially as financial services and publicly traded companies continue to enter the fray," said Jai Das, president and partner at Sapphire.

Blockdaemon is used by exchanges, custodians, crypto platforms, financial institutions and developers to connect commercial stakeholders to blockchains. It offers node operations and infrastructure tooling for blockchain projects.

Blockdaemon is also backed by investors like Hashkey, CoinShares and Kenetic.

(Reporting by Rithika Krishna in Bengaluru; Editing by Sriraj Kalluvila)


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
ETHEREUM (ETH/BTC) 0.78% 0.0671 End-of-day quote.-14.93%
ETHEREUM (ETH/EUR) -2.72% 1855.44 End-of-day quote.-44.05%
ETHEREUM (ETH/USD) -2.91% 1959.07 End-of-day quote.-47.99%
JAI CORP LIMITED 4.74% 123.8 End-of-day quote.0.61%
SOFTBANK GROUP CORP. 3.50% 5232 Delayed Quote.-3.72%
STEPSTONE GROUP INC. 1.06% 25.69 Delayed Quote.-38.20%
All news about SOFTBANK GROUP CORP.
05/20Gardant teams up with AMCO in race for BPER's NPL unit-sources
RE
05/20Japanese shares end higher on bargain-hunting; post weekly gains
RE
05/20TikTok Forays into Gaming to Boost Ad Revenue
MT
05/19Japanese shares rise on hopes for better corporate outlook
RE
05/19Nikkei snaps four-day rally as inflation jitters return
RE
05/19Belerion Capital and King Street Capital Management, L.P. cancelled the acquisition of ..
CI
05/18Japan's Nikkei set to snap four sessions of gains on growth worries
RE
05/18Nikkei 225 Up Near 1% on US Retail Data, China Pandemic Outlook
MT
05/18Saudi Arabia's wealth fund takes 5% Nintendo stake
RE
05/17Japan's Nikkei hits highest in nearly 2 weeks after Wall Street's jump
RE
More news
Analyst Recommendations on SOFTBANK GROUP CORP.
More recommendations
Financials
Sales 2022 6 171 B 48 264 M 48 264 M
Net income 2022 728 B 5 691 M 5 691 M
Net Debt 2022 16 223 B 127 B 127 B
P/E ratio 2022 12,1x
Yield 2022 0,84%
Capitalization 8 532 B 66 729 M 66 729 M
EV / Sales 2022 4,01x
EV / Sales 2023 4,19x
Nbr of Employees 58 786
Free-Float 69,3%
Chart SOFTBANK GROUP CORP.
Duration : Period :
SoftBank Group Corp. Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SOFTBANK GROUP CORP.
Short TermMid-TermLong Term
TrendsBearishNeutralBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 17
Last Close Price 5 232,00 JPY
Average target price 7 896,47 JPY
Spread / Average Target 50,9%
EPS Revisions
Managers and Directors
Masayoshi Son Chairman & Executive President
Yoshimitsu Goto CFO, Director & Senior Managing Executive Officer
Tim Mackey Chief Legal Officer & Group Compliance Officer
Masami Iijima Independent Outside Director
Yutaka Matsuo Independent Outside Director
Sector and Competitors
1st jan.Capi. (M$)
SOFTBANK GROUP CORP.-3.72%66 729
T-MOBILE US8.67%158 002
AT&T INC.9.81%146 041
KDDI CORPORATION34.62%77 990
AMÉRICA MÓVIL, S.A.B. DE C.V.-2.26%68 285
VODAFONE GROUP PLC7.87%42 515