SBI, Solana Foundation launch SBI Solana Global in Japan

SBI Holdings and the Solana Foundation said on Monday they will form a joint venture called SBI Solana Global to develop on-chain financial markets in Japan. The Solana Foundation will take a participation stake in the entity formerly known as SBI R3 Japan.

The venture will support issuance and distribution of stablecoins, compose and distribute tokenized real-world assets, build cross-border payment infrastructure, provide on-chain financial services to institutional investors, and finance next-generation payment systems for AI agents.

The partners said the initiative aims to connect Japan’s domestic market with international liquidity and to make financial products originating in Japan accessible to global investors. The companies did not provide a detailed timeline or specific issuance dates in their announcement.

SBI and the Solana Foundation pointed to Solana’s high transaction speeds and low fees as technical factors that will enable on-chain payments and tokenized asset services. The joint effort will offer on-chain products focused on payments and real-world assets and will develop cross-border AI payment systems intended for institutional use.

“Beyond simply providing technology, we will promote the expansion of on-chain financial markets originating in Japan by providing integrated support for issuance, distribution, and settlement,” SBI Holdings said in the announcement. The statement added that the partners will work with Asian and global markets to build new financial infrastructure for on-chain finance.

SBI Holdings is a diversified financial services group in Japan with operations in banking, securities, asset management and fintech. The Solana Foundation supports development of the Solana blockchain, a platform designed for high-throughput, low-cost decentralized applications and token issuance.