Overview

• SBI will deploy Chainlink’s CCIP for cross‑chain transfers, SmartData for on‑chain fund NAV, and Proof of Reserve for stablecoin attestations.
• Initial use cases include tokenized real estate and bonds, tokenized funds with on‑chain metrics, and verifiable stablecoins for regulated markets.
• The parties plan to explore payment‑versus‑payment settlement for foreign exchange and to streamline cross‑border transfers using stablecoin rails.
• An SBI Digital Asset Holdings survey of more than 50 institutions found about 76% intend to invest in tokenized securities but cite infrastructure gaps.
• The partnership aligns with SBI’s broader ecosystem deals with Circle, Ripple, and Startale and builds on Project Guardian pilots, as Japan weighs approval of a yen stablecoin.