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Solana partners with SBI and SMFG to tokenize Japan's real-world assets and launch JPYSC stablecoin on-chain.

Protocol Fundamentals
13 Jul 2026
UToday
View Source
Bullish
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Solana has secured a major partnership with Japanese financial giant SBI Holdings and Sumitomo Mitsui Financial Group (SMFG) to develop Japan's real-world asset (RWA) markets on the blockchain. The collaboration will focus on tokenizing assets such as corporate bonds, commercial paper, real estate, and issuing the yen-backed JPYSC stablecoin. This move marks a shift from private blockchains to Solana's public Layer 1 infrastructure, offering high throughput and low fees. SBI Solana Global aims to scale this platform in Japan and expand across Asia, making it a leading regulated Web3 hub in the region.

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