SBI Group has integrated Singapore-based crypto exchange Coinhako and signed a tokenization partnership agreement with Ondo Finance, according to CoinDesk. The companies said the arrangement is aimed at building a cross-border digital asset network across Asia. SBI Group was described as one of Japan’s largest financial groups and has been expanding its presence in digital assets in recent years. Coinhako operates as a licensed crypto exchange in Singapore, while Ondo Finance is a DeFi protocol focused on tokenizing real-world assets, or RWA. The partnership brings together a traditional financial group, a regulated crypto trading platform, and a protocol built around tokenized real-world assets. The report frames the move as another example of traditional finance and crypto infrastructure coming together.
SBI Group has integrated Singapore crypto exchange Coinhako and signed a tokenization partnership agreement with Ondo Finance, with the stated goal of building a cross-border digital asset network across Asia.
According to CoinDesk, SBI Group is one of Japan’s largest financial groups and has been actively expanding into digital assets in recent years. Coinhako is a licensed crypto exchange in Singapore, while Ondo Finance is a DeFi protocol focused on tokenizing real-world assets.
The arrangement links a traditional financial institution, a regulated crypto exchange, and an RWA tokenization protocol. The report describes the partnership as a sign of closer integration between traditional finance and crypto infrastructure.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
