SBI taps Ondo to bring Japanese stocks onchain with JPYSC stablecoin

SBI taps Ondo to bring Japanese stocks onchain with JPYSC stablecoin

SBI Group has partnered with Ondo Finance to tokenize Japanese stocks and use its yen-backed JPYSC stablecoin for settlement and collateral. According to the companies, the agreement will bring Ondo’s tokenized financial products into SBI’s financial ecosystem while connecting Japanese…

Ondo Price Surges After New SBI Partnership as Its RWA Growth Continues

Key Insights Ondo price has soared after inking a deal with SBI Group. The deal covers tokenizing Japanese assets with the distribution across SBI. The total value locked in Ondo’s platform has continued rising. Ondo price continued rising this week, reaching its highest level since June 4 this year, continuing a trend that started on June 24, when it bottomed at $0.2935. It has jumped by 35% from its lowest level this year, helped by a major p…

SBI, Ondo Finance Partner to Tokenize Japanese Stocks and Assets

SBI Holdings partners with Ondo Finance to tokenize Japanese assets on-chain and explore its JPYSC stablecoin for settlement. Continue reading at DailyCoin.

CoinStats - ONDO Jumps 18% as DTC Stock Launch Draws New ...

ONDO gained roughly 18% between July 14 and July 16 as Ondo Finance launched tokenized stock representations tied to DTC infrastructure and announced a Japanese equity partnership with SBI Group. The token rose from around $0.31 on July 14 to a July 16 high near $0.37, while daily trading volume increased from about $54 million to $268 million. ONDO traded near $0.33 during the latest market check, giving back part of the two-day advance while r…

Ondo Finance Partners with SBI Group to Tokenize Japanese Equities Using JPYSC

Ondo Finance and SBI Group announced a strategic partnership on July 16 to tokenize Japanese equities and distribute Ondo's tokenized products through SBI's financial services ecosystem. The deal pairs the world's largest tokenizer of stocks with one of Japan's largest financial conglomerates, extending SBI's broader push to build tokenized capital markets infrastructure.Under the partnership, Ondo will tokenize Japanese stocks and distribute th…

Ondo, SBI Group Bring Japanese Equities Onchain

Ondo Finance, the largest tokenizer of stocks globally, and SBI Group, one of Japan’s largest financial conglomerates, announced a strategic partnership. Under the partnership, the companies will bring Japanese equities onchain, distribute Ondo tokenized products across the SBI Group ecosystem, and adopt SBI’s JPYSC stablecoin for onchain settlement and collateral. The partnership connects one of the world’s most sophisticated capital markets wi…