The largest cryptocurrency finance group in Japan which is SBI Holdings have established a strategic partnership with the second-largest company in the world known as Saudi Aramco. As part of the partnership, they will invest jointly in digital assets, help Japanese companies start up in Saudi Arabia, work with semiconductors – construction of respective facilities in two countries. In relation to this, SBI intends to open “SBI Middle East” in Riyadh that will assist Japanese digital start-ups to expand their business horizon in Saudi Arabia. SBI will build an electric chip plant in Miyagi, Japan, where it also holds shares in Power Crystal Manufacturing Co. It could also increase its collaboration with Aramco in the semiconductor industry.