Bastion and Sony Bank Announce Major Stablecoin Partnership for Issuance, Reserve Management, and Custody at Scale

COINOTAG News, December 2 — Bastion, a leading stablecoin service provider, has announced a strategic partnership with Sony Bank Corporation to provide stablecoin services to Sony’s affiliate companies. Under the deal, Bastion will manage issuance, reserve management, and custody operations at scale for Sony Bank’s corporate ecosystem, aligning with enterprise risk controls and liquidity planning.

The collaboration signals heightened institutional demand for reliable on-chain money layers and reinforces Bastion’s role in bridging traditional finance with crypto rails. By enabling scalable stablecoins across Sony Bank’s affiliates, the partnership aims to improve cross-border settlement efficiency and treasury operations while preserving compliance and custody integrity.

In September 2025, Bastion closed a $14.6 million financing round led by Coinbase, with participation from Sony Venture, the Samsung Venture arm, a16z Crypto, and Hashed, underscoring strategic investor confidence in Bastion’s platform and custody capabilities.