SBI Group and Ondo Finance Partner to Tokenize Japanese Securities

The partnership leverages Ondo Global Markets (BVI) Limited to issue tokenized assets, which SBI will distribute across its network of banking, brokerage, and asset management platforms. By integrating JPYSC—a stablecoin pegged to the Japanese yen—the companies intend to simplify how investors purchase and secure tokenized financial products, effectively creating a native onchain corridor for Japanese assets.

This move builds on SBI’s recent push into blockchain-based securities, following the July 15 launch of the SBI Japan High Dividend Equity Strategy Token on the Solana network. While that initiative focused on a managed equity fund for institutional clients, the Ondo agreement signals a broader strategy to connect Japan’s sophisticated capital markets with international decentralized finance. SBI Chairman and CEO Yoshitaka Kitao noted that the firm views Ondo as a central partner in establishing a global digital asset corridor, though specific launch dates and the initial lineup of tokenized assets remain under wraps.

Ondo Finance CEO Ian De Bode emphasized that the collaboration is designed to bring local instruments onto public chains, allowing Japanese securities to interact with the global tokenized economy. As both firms explore joint marketing and distribution, the project serves as a test case for how traditional financial institutions can use yen-denominated digital currencies to streamline the lifecycle of real-world assets.