SBI Holdings has struck a strategic partnership with the Solana Foundation to build an onchain financial market in Japan, folding the foundation into its SBI R3 Japan unit — now renamed SBI Solana Global.

The venture will roll out yen-backed stablecoins, tokenized bonds, funds and real estate, plus cross-border payment rails for institutions — starting in Japan, then expanding across Asia and beyond. It's another leg of SBI's aggressive onchain push, positioning Japan's largest financial group as a regional hub for regulated tokenized finance.