Japan's SBI Group and Ondo Finance have partnered to tokenize Japanese equities and settle trades with SBI's yen stablecoin, JPYSC. This collaboration bridges traditional Asian capital markets with onchain finance, allowing investors to access Japanese stocks via blockchain instead of traditional brokers. JPYSC, backed by a trust bank and operating on Ethereum, facilitates yen-denominated settlement, reducing friction for domestic and international investors. The partnership leverages SBI's regulatory strength and Ondo's tokenization expertise, signaling a major step toward global digital asset corridors.
SBI Holdings, a major Japanese financial group, has partnered with Ondo Finance to tokenize Japanese stocks on blockchain using SBI’s yen stablecoin, JPYSC, for settlement and collateral. This collaboration aims to create a tokenized stock market den...
SBI Group has partnered with Ondo Finance to tokenize Japanese stocks and integrate the yen-backed JPYSC stablecoin for settlement and collateral within Ondo’s tokenized financial products. This collaboration aims to connect Japanese assets with glob...
Ondo Finance's token price surged nearly 20% following the launch of tokenized U.S. equities backed by the Depository Trust Company (DTC) through the DTCC Tokenization Service pilot. This integration allows on-chain exposure to assets like the SPDR S...
Bitcoin briefly reached a three-week high near $65,600 before retreating to around $64,000, influenced by lower-than-expected US inflation data and geopolitical tensions. Ethereum also reversed from a six-week peak near $1,950, slipping below $1,900....
Ondo Finance announced the launch of the first tokenized equity representations using DTC tokenized entitlements, part of the DTCC Tokenization Service. This milestone pushed the ONDO token price up by about 5% and increased trading volume by 51.7% i...
