Japan’s SBI partners with Solana on stablecoins, RWAs, payments

SBI Holdings' blockchain initiative pivots to Solana for tokenization, stablecoin issuance

The SBI Solana Global joint venture now includes the Solana Foundation, the Zug, Switzerland-based organization that oversees the layer-1 network.

Japan’s SBI partners with Solana on stablecoins, RWAs, payments

SBI and Solana plan Japan-based onchain markets for JPY stablecoins, tokenized assets, cross-border payments and institutional finance soon.

SBI Solana Partnership Targets Japan On-Chain Finance Market

TLDR: The SBI Solana partnership will create a Japan-focused platform for yen stablecoins, tokenized assets, institutional settlement, and cross-border payments. The Solana Foundation will acquire an equity stake in SBI R3 Japan, which is expected to become SBI Solana Global after corporate approvals. The venture plans to tokenize corporate bonds, commercial paper, investment funds, and real estate while linking Japanese assets with global liqu…

SBI Holdings Taps Solana to Build Japan’s Institutional On-Chain Finance Market

SBI Holdings has entered into a strategic partnership with the Solana Foundation to build an on-chain financial market for real-world assets, stablecoins and institutional settlement. Under the agreement, the Solana Foundation will acquire an equity stake in SBI R3 Japan, joining existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group, a G-SIB. Financial terms have not been disclosed. The entity is expected to be renamed SBI Solan…

CoinStats - Japan’s SBI Holdings’ Solana Move Sparks Rift...

In a bold stride into the realm of digital assets, Japan’s leading financial services company, SBI Holdings, has unveiled a new partnership with the Solana blockchain. This strategic alliance aims to explore stablecoin initiatives and the tokenization of assets.Continue Reading:Japan’s SBI Holdings’ Solana Move Sparks Rifts in the Cardano Community

SBI Holdings and Solana Foundation Partner to Launch Japan’s On-Chain Financial Markets

The joint initiative will seek to leverage the speed and efficiency of Solana’s network to serve as a bridge between the domestic market and global liquidity pools. Through SBI Solana Global, the entities will offer on-chain services and products focused on the payments and real-world asset (RWA) use cases. SBI Holdings and Solana Foundation Seek […]