The token gives accredited and institutional investors blockchain-based access to a Japanese high-dividend equity strategy managed by SBI Asset Management Co. The launch is also DigiFT\u2019s first on-chain tokenization of a Japanese equity fund.<\/p>\n
Built on the Solana blockchain through DigiFT\u2019s tokenization infrastructure, the JX token expands SBI\u2019s digital asset offerings beyond stablecoins and payments.<\/p>\n
According to DigiFT, the product combines traditional Japanese equities with blockchain-based ownership while allowing investors to access institutional-grade assets on-chain.<\/p>\n
Commenting on the launch, DigiFT founder Henry Zhang said the company has focused on bringing institutional assets onto blockchain infrastructure that investors and asset managers can trust.<\/p>\n
\n\u201cOur mission at DigiFT has always been to bring real, institutional-grade assets on-chain through infrastructure that investors and asset managers can actually trust. JX extends that mission to Japan for the first time.\u201d<\/p>\n<\/blockquote>\n
The platform also supports settlements in USDC, while DigiFT said integration with a Japanese yen stablecoin is planned for a later stage. According to the company, token holders will also be able to use the asset in decentralized finance applications, including lending and asset management protocols such as Morpho.<\/p>\n
The rollout comes as interest in tokenized real-world assets continues to grow across financial markets, with asset managers increasingly exploring blockchain-based distribution for traditional investment products.<\/p>\n
Ripple partnership continues alongside multi-chain expansion<\/h2>\n
Although SBI Holdings has worked closely with Ripple since 2016 through initiatives including SBI Ripple Asia and more recent collaborations around the RLUSD stablecoin, the new equity fund has been launched on Solana because DigiFT\u2019s tokenization platform is built on that network.<\/p>\n
The move adds another blockchain to SBI\u2019s digital asset strategy rather than replacing its existing relationship with Ripple. SBI and Ripple continue to work together on expanding XRP and XRP Ledger adoption across Japan.<\/p>\n
Most recently, the companies partnered with Doppler to encourage institutional use of XRP in the country. Earlier, SBI also selected Ripple to support RLUSD stablecoin distribution in Japan as part of its multi-stablecoin strategy.<\/p>\n
SBI has simultaneously been expanding its yen-backed stablecoin business. As previously reported by crypto.news, the financial group is preparing to introduce a lending product offering a fixed 3% annual yield on its JPYSC stablecoin through SBI VC Trade. The service, which could launch as early as this month, is expected to require users to lock their JPYSC holdings for three months.<\/p>\n
The planned lending product follows the release of JPYSC, Japan\u2019s first trust bank-backed yen stablecoin issued by SBI Shinsei Trust Bank. SBI previously said the stablecoin was designed to reduce transaction costs, support large-value transfers, and serve both retail and institutional users, complementing the company\u2019s growing portfolio of blockchain-based financial products.<\/p>\n
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