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Bastion Partners with Sony Bank to Provide Stablecoin Issuance and Custody Services

Stablecoin service provider Bastion announced a strategic partnership with Sony Bank Corporation on Dec. 2 to deliver stablecoin services for Sony-affiliated entities, BlockBeats reports. Bastion will handle large-scale stablecoin issuance, reserve management, and custody operations for Sony Bank. In September 2025, Bastion secured $14.6 million in funding led by Coinbase, with participation from Sony's venture arm, Samsung's venture division, a16z Crypto, and Hashed.
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