TLDR
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SBI joins Ondo Finance to tokenize Japanese stocks using blockchain.
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JPYSC stablecoin will support settlement and collateral services.
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Ondo will issue tokenized products linked to Japanese financial assets.
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SBI expands blockchain finance through tokenized securities strategy.
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Partnership connects Japan’s capital markets with global tokenized assets.
SBI has entered a partnership with Ondo Finance to bring Japanese stocks onto blockchain networks through tokenized financial products. The agreement also introduces JPYSC as a settlement and collateral asset for eligible transactions. Additionally, SBI will distribute the products across its financial ecosystem while expanding access to tokenized Japanese securities.
SBI expands tokenized securities strategy with Ondo
The agreement assigns Ondo Global Markets the role of issuing tokenized financial products linked to Japanese assets. SBI will distribute those products through its existing financial platforms. The companies will also promote the offerings through joint marketing initiatives and strategic partnerships.
We're excited to announce a partnership with SBI Group, one of Japan's leading financial institutions.
The collaboration covers tokenizing Japanese assets with distribution across the SBI ecosystem, and settlement using the JPYSC stablecoin.
Ondo CEO Ian De Bode on the… pic.twitter.com/Kp4twvDeZo
— Ondo Finance (@OndoFinance) July 16, 2026
Furthermore, the partnership connects Japanese financial assets with international tokenized markets through blockchain infrastructure. Both companies have not announced a launch schedule for the planned products. They also have not identified the first assets selected for tokenization or the governing regulatory framework.
The collaboration strengthens SBI’s broader digital asset strategy across several financial sectors. At the same time, Ondo gains access to SBI’s banking, brokerage, asset management, and digital asset businesses. The partnership creates another channel for blockchain-based securities within Japan’s financial market.
JPYSC will support settlement and collateral services
The agreement includes plans to integrate JPYSC into Ondo’s tokenized financial products. The yen-backed stablecoin will support settlement functions and selected collateral activities. Therefore, transactions involving tokenized Japanese assets could use a digital currency linked directly to the Japanese yen.
The companies also intend to study broader collateral applications for JPYSC within the ecosystem. However, they have not disclosed eligible products or collateral requirements. Instead, they confirmed that further development work will determine the operational framework.
Ondo stated that Japan represents an important market for tokenized financial products because of its established capital markets. Meanwhile, SBI described Ondo as a strategic long-term partner for expanding digital asset services. Consequently, both companies plan to build stronger links between domestic markets and international blockchain networks.
SBI builds a broader onchain finance ecosystem
The latest agreement follows several recent blockchain initiatives announced by SBI across digital finance. Earlier, SBI Global Asset Management introduced a tokenized Japanese equity fund on the Solana blockchain with DigiFT. The product provides accredited and institutional market participants with blockchain-based exposure to a high-dividend Japanese equity strategy.
The JX token became DigiFT’s first tokenized Japanese equity fund listed on its regulated platform. Meanwhile, SBI described the product as the first tokenized Japanese equity fund of its kind. Consequently, the launch expanded blockchain access to Japanese equity strategies through regulated infrastructure.
The Ondo partnership builds on those earlier developments while adding tokenized financial products and stablecoin settlement capabilities. Besides this agreement, SBI recently launched JPYSC, introduced lending services for the stablecoin, partnered with the Solana Foundation, invested in Gauntlet and EDX Markets, and completed the acquisition of Bitbank. Therefore, the company continues expanding an integrated onchain financial ecosystem that combines tokenized assets, stablecoins, exchanges, and blockchain-based market infrastructure.
