SBI Group, Ondo Finance Tokenize Japanese Equities Using JPYSC Stablecoin

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SBI Group and Ondo Finance recently announced a partnership to tokenize Japanese equities on blockchain, with SBI distributing the tokenized assets across its financial network. Under the agreement, Ondo Finance will issue tokenized Japanese stocks, while SBI's JPYSC stablecoin will serve as the settlement and collateral mechanism, creating blockchain-based infrastructure for trading Japanese equities. According to Ondo Finance CEO Ian De Bode, the collaboration will strengthen the link between Japan's financial system and the global tokenized economy while advancing yen-denominated blockchain settlement.
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