SBI Holdings and Solana Foundation Partner to Launch Japan’s On-Chain Financial Markets
SBI Holdings, a major Japanese financial conglomerate, and the Solana Foundation have announced a strategic partnership to develop on-chain financial markets originating in Japan. The joint venture, named SBI Solana Global (formerly SBI R3 Japan), will leverage Solana’s high-speed and low-cost network to bridge Japan’s domestic market with international liquidity pools.
The initiative focuses on five key areas: supporting the issuance and distribution of stablecoins, facilitating the composition and distribution of tokenized real-world assets (RWAs), building cross-border payment infrastructure, providing on-chain financial services to institutional investors, and financing next-generation payment systems for the AI agent era.
The partnership aims to position Japan as a core hub for on-chain finance in Asia, enabling easier access for international investors to Japanese financial products. SBI Holdings stated that the collaboration will provide integrated support for issuance, distribution, and settlement, while promoting seamless collaboration with Asian and global markets.