SBI Holdings Teams with Solana Foundation for Japan's Blockchain Financial Market

SBI Holdings and the Solana Foundation have announced a strategic partnership to develop Japan's onshore blockchain financial market.

The collaboration aims to drive growth in the Japanese blockchain industry, with the Solana Foundation set to participate in SBI R3 Japan, which will be rebranded as SBI Solana Global. The company will work alongside shareholders SBI Holdings and SMFG to implement a joint growth strategy.

SBI Solana Global will focus on issuing and circulating stablecoins such as JPYSC, tokenizing RWA (including corporate bonds, commercial bills, funds, and real estate), building cross-border payment infrastructure, and providing blockchain-based financial services for institutional investors. It will also develop a next-generation payment infrastructure for the AI Agent era.