Overview
- The companies confirmed the partnership on Aug. 24–25, prioritizing deployments across SBI’s network in Japan with regional expansion to follow.
- Planned integrations include Chainlink’s CCIP for cross-chain transfers, SmartData to publish fund NAV on-chain, and Proof of Reserve to verify stablecoin backing.
- SBI says use cases will span tokenized funds and real-world assets like bonds and real estate, targeting operational efficiency and improved secondary-market liquidity.
- The partners are investigating payment-versus-payment foreign-exchange settlement and cross-border transfers, with approaches still moving from pilot to production.
- An SBI Digital Asset Holdings survey of 50+ institutions found roughly 76% intend to invest in tokenized securities, while coverage also noted rising LINK derivatives open interest around the news.