SBI Holdings said it will enter a strategic partnership with the Solana Foundation to support the buildout of Japan’s domestic on-chain financial market, according to an official announcement cited by ChainCatcher. As part of the arrangement, the Solana Foundation will join SBI R3 Japan, which plans to rename itself SBI Solana Global. The company will work with shareholders SBI Holdings and Sumitomo Mitsui Financial Group (SMFG) on related growth plans.
The announcement said SBI Solana Global will use the Solana network as its foundation and focus on several areas. These include support for the issuance and circulation of stablecoins such as JPYSC, the creation and circulation of tokenized real-world assets including corporate bonds, commercial paper, funds and real estate, the development of cross-border payment infrastructure, on-chain financial services for institutional investors, and next-generation payment infrastructure aimed at the AI Agent era.
SBI and Solana Foundation announce strategic partnership
SBI Holdings will form a strategic partnership with the Solana Foundation to help develop Japan’s domestic on-chain financial market, according to an official SBI Holdings announcement cited by ChainCatcher.
Solana Foundation to join SBI R3 Japan
As part of the partnership, the Solana Foundation will participate in SBI R3 Japan. The company plans to change its name to SBI Solana Global and will work with shareholders SBI Holdings and Sumitomo Mitsui Financial Group, or SMFG, on related growth plans.
Focus areas include stablecoins, tokenized RWA and payments
The announcement said SBI Solana Global will be built on the Solana network. Its priorities include supporting the issuance and circulation of stablecoins such as JPYSC, creating and circulating tokenized real-world assets including corporate bonds, commercial paper, funds and real estate, building cross-border payment infrastructure, providing on-chain financial services for institutional investors, and developing next-generation payment infrastructure for the AI Agent era.
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