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 global tokenized markets and leverage SBI’s extensive customer network to distribute these products. The partnership follows SBI’s launch of a tokenized Japanese equity fund on Solana, highlighting SBI’s push to bring Japanese securities onto blockchain platforms. Details on launch dates, specific assets, and regulatory frameworks remain undisclosed, but both companies plan joint marketing and strategic distribution efforts.
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...
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...
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 Japane...
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...
