SBI taps Ondo to bring Japanese stocks onchain with JPYSC stablecoin
SBI Group has partnered with Ondo Finance to tokenize Japanese stocks and use its yen-backed JPYSC stablecoin for settlement and collateral. SummarySBI has partnered with Ondo to bring tokenized Japanese stocks into its financial ecosystem.JPYSC will support settlement and collateral for Ondos tokenized financial products.The deal follows SBIs launch of a tokenized Japanese equity fund on Solana. According to the companies, the agreement will bring Ondo‘s tokenized financial products into SBI’s financial ecosystem while connecting Japanese assets with international markets for tokenized securities. The partnership will also use SBIs customer network to offer the products to millions of investors. Were excited to announce a partnership with SBI Group, one of Japans leading financial institutions. The collaboration covers tokenizing Japanese assets with distribution across the SBI ecosystem, and settlement using the JPYSC stablecoin. Ondo CEO Ian De Bode on the… pic.twitter.com/Kp4twvDeZo — Ondo Finance (@OndoFinance) July 16, 2026 Under the agreement, Ondo Global Markets (BVI) Limited will issue tokenized financial products linked to Japan. SBI, a long-time Ripple partner, will distribute the products through its financial platforms and introduce them to existing customers. Both companies will also conduct joint marketing and explore distribution through strategic partners. SBI and Ondo did not disclose a launch date, the first assets planned