SBI and Ondo Plan to Bring Japanese Equities Onchain Using Yen Stablecoin JPYSC

SBI Holdings and Ondo Finance announced a strategic partnership to tokenize and distribute Japanese equities and other Japanese assets through Ondo’s infrastructure. They also plan to distribute Ondo products through SBI’s network and explore SBI’s trust-backed yen stablecoin, JPYSC, as settlement and collateral for tokenized-asset transactions.