SOFTBANK

SOFTBANK tracks the value of 1 share of common stock in SoftBank Group Corp. (TSE: 9984). The oracle converts the underlying stock's JPY price to USD at the prevailing USD/JPY FX rate. SoftBank Group is a Japanese investment holding company centered on the AI economy: it controls chip designer Arm Holdings, invests across AI, robotics, and platform companies through its Vision Funds, and backs large-scale AI data-center initiatives such as Stargate. Its results are driven more by investment gains and losses across these holdings than by any single operating business.