SBI Holdings Partners With Solana Foundation to Build On-Chain Financial Market From Japan | LeapRate
SBI Holdings, Inc. has announced a strategic collaboration with Solana Foundation aimed at building an on-chain financial market originating from Japan, with plans to expand real-world assets (RWAs) and stablecoins across Asia and global markets.
The partnership was unveiled on July 13 and involves SBI R3 Japan Co., Ltd., which is set to change its trade name to SBI Solana Global Co., Ltd. (tentative). The company will continue to be backed by existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group, as it pursues a new growth strategy alongside Solana.
According to the announcement, Solana’s involvement marks a significant step not just for Japan’s financial sector but for the broader global digital finance industry. The collaboration is centered on the growing trend of on-chain finance, where issuance, distribution and settlement of financial assets occur entirely on blockchain networks.
SBI cited Japan’s deep financial asset pools, wide base of market participants and advanced legal framework as key advantages that, when combined with Solana’s global network, could position the country as a central hub for on-chain finance in Asia.
SBI Solana Global’s planned initiatives include supporting the issuance of stablecoins such as JPYSC, structuring tokenized RWAs including bonds and real estate, building cross-border settlement infrastructure, and developing payment systems tailored for institutional investors and AI-driven applications.
Looking ahead, SBI Group and Solana said they intend to expand this framework beyond Japan, working toward new financial infrastructure suited for the on-chain era across Asian and global markets.
