Sumitomo Mitsui Banking Corporation (SMBC) is Japan’s second-largest bank and part of the broader Sumitomo Mitsui Financial Group (SMFG).

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Sumitomo Mitsui Financial Group, which operates Japan's second-largest bank SMBC

SMBC has previously dabbled in Web3 by establishing Token Business Lab in 2022 with local firm HashPort to provide blockchain services focused on NFTs.