The Sumitomo Mitsui Banking Corporation in Japan has established a new business collaboration facility called HOOPSLINK in Tokyo, focusing on Web3 and Generative AI technology.
BlockBeats News, July 4th, according to CoinPost, Sumitomo Mitsui Banking Corporation, a subsidiary of Sumitomo Mitsui Financial Group, announced the opening of a new business co-creation facility named "HOOPSLINK" in the Marunouchi Building in Chiyoda-ku, Tokyo. The facility aims to address diverse and complex social issues through advanced technology to promote further economic growth in Japan.
Sumitomo Mitsui Banking Corporation stated that in the current environment, businesses must leverage emerging technologies such as generative AI, Web3, and cybersecurity to tackle various societal challenges. HOOPSLINK will host workshops and seminars on cutting-edge technologies and drive projects such as stablecoin commercialization and augmented reality glasses applications.
You may also like
Why Tokenized Stocks Are Booming in 2026 While Crypto Is Still Struggling
From Pump.fun to Collector Crypt: Has Solana's income throne changed hands?
Looking at Stripe's ambitions and the future of stablecoins from OUSD
Do you want to buy CRCL?
Wosh: Inflation has cooled in recent weeks, AI is reshaping the economy, and forward guidance has lost its necessity
The most secretive AI winner
Former ByteDance employee's account: How I started with two Pinduoduo hard drives and made six times the profit with Seagate to achieve financial freedom?
MiCA reshuffle begins, Binance temporarily bids farewell to the EU
How does Gate redo "buying and selling stocks" from the cryptocurrency world to the stock market?
Visa and Mastercard join 140 giants to launch a new stablecoin, but the impact on the market landscape may still be limited
Circle CEO responds to OUSD's challenge: Stablecoins are a winner-takes-all business, and we will not slow down
Argentina vs Cape Verde: When a Record-Breaking Legend Meets an Unbreakable Underdog
WEEX exclusive pre-match analysis of Argentina vs Cape Verde, exploring Messi-led Argentina’s dominance and Cape Verde’s historic defensive breakout, with a breakdown of volatility, structure, and match dynamics.
