- SBI Holdings and the Solana Foundation have launched SBI Solana Global to build Japan’s first regulated, on-chain financial market.
- The venture will deploy the Solana blockchain to manage yen stablecoins, tokenized assets, cross-border payments, and AI transaction rails.
SBI Holdings, Inc. and the Solana Foundation have announced a strategic alliance to develop a regulated, on-chain financial market based in Japan. Under the agreement, the Solana Foundation will acquire an equity stake in SBI R3 Japan, which will subsequently be renamed SBI Solana Global Co., Ltd.
The new entity will operate alongside existing major shareholders, including SBI Holdings and Sumitomo Mitsui Financial Group (SMFG). According to the joint announcement, the initiative aims to link Japan’s established legal framework and deep financial asset pools directly with the high-speed liquidity of the Solana blockchain network, positioning the country as a core hub for digital asset innovation in Asia.
SBI Solana Global will focus operations on five specific sectors. The venture plans to support the deployment and distribution of the yen-pegged stablecoin JPYSC, alongside tokenizing real-world assets (RWAs) like corporate bonds, real estate, and investment funds.
Additionally, the partnership intends to build infrastructure for cross-border settlements, specialized on-chain services for institutional investors, and next-generation transaction rails optimized for autonomous AI agents. Initial deployment will focus on the Japanese domestic market before expanding services to broader Asian and global financial networks.
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