Solana Foundation and SBI R3 Japan Establish Partnership, Joint Venture to Be Renamed SBI Solana Global

SOL-1.24%
According to SBI's official announcement, Solana Foundation and SBI R3 Japan announced a strategic partnership on July 13 to advance onchain financial markets in Japan. The joint venture, which will be renamed SBI Solana Global K.K. (tentative name), will operate alongside existing shareholders SBI and Sumitomo Mitsui Financial Group (SMFG). The company will focus on five business areas centered on the Solana network: issuance and circulation of JPY-denominated stablecoins such as JPYSC, structuring and distribution of corporate bonds and tokenized real-world assets, cross-border payment infrastructure, institutional onchain financial services, and next-generation payment infrastructure for the AI Agent era. The partners aim to expand from the Japanese market to establish interconnectivity with Asian and global markets.
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