SBI Holdings, Inc and Solana Foundation today announced the launch of a strategic collaboration to build an on-chain financial market from Japan.

By creating a new market for Japan-originated digital financial assets, the collaboration aim to establish Japan as a core hub for on-chain finance in Asia.

SBI Solana Global plans to pursue the following initiatives, with deployment on the Solana network as a core premise:

• Supporting the issuance and distribution of stablecoins, including JPYSC
• Supporting the structuring and distribution of tokenized RWAs, including corporate bonds, commercial paper, funds and real estate
• Developing cross-border settlement infrastructure
• Providing on-chain financial services for institutional investors
• Developing next-generation payment infrastructure for the AI-agent era.

Building on the Japanese market, SBI Group and Solana will advance seamless collaboration with markets across Asia and globally, while contributing to the development of new financial infrastructure for the on-chain era.