SBI Holdings Partners with Ondo Finance to Tokenize Japanese Equities

ONDO15.31%
SOL-1.83%
According to The Block, SBI Holdings announced on Thursday a partnership with Ondo Finance to bring Japanese equities onchain. The companies will tokenize Japanese equities through Ondo Global Markets, distribute Ondo's products across SBI's network, and use SBI's JPYSC stablecoin for settlement and collateral. The agreement marks the latest step in SBI's expansion into onchain finance, following recent investments in Gauntlet and EDX Markets, the launch of Japan's first trust bank-backed yen stablecoin, and a partnership with the Solana Foundation.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments