The ministry reported a company valuation of $1.275 billion.
The Trade Ministry announced a $75 million investment in HUBX, which receives support through E-TURQUALITY. According to the statement, the transaction valued the company at $1.275 billion.
The startup consequently entered the unicorn category, denoting valuations of at least $1 billion. Company valuation and funds raised are different measures; the $1.275 billion figure is not the amount of new financing received.
The central bank opened a consultation on how its RITS settlement service could support tokenised assets and private money, while saying a retail CBDC lacks a clear public-interest case.
The Financial Policy Committee maintained the countercyclical capital buffer at 2% and highlighted linked market risks.
The Bank of Japan voted 7–2 to raise its money-market operating target to around 1.25%, effective 24 September, and changed rates on two standing facilities.
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