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- SBI and DigiFT launched Japan’s first tokenized equity fund on a public blockchain.
- The JX Token gives accredited investors on-chain access to a high-dividend Japanese equity strategy.
- SBI continues supporting Ripple and XRP while expanding tokenization through multiple blockchain networks.
SBI Global Asset Management has taken another major step into the tokenized finance market by partnering with DigiFT to introduce the SBI Japan High Dividend Equity Strategy Token (JX Token). The launch represents the first time a Japanese equity fund has been tokenized on a public blockchain, giving accredited and institutional investors blockchain-based access to a traditional investment strategy.
The development reflects the growing convergence of traditional finance and digital assets as institutions look for more efficient ways to manage, distribute, and access investment products.
Japan’s Equity Market Moves On-Chain
The newly launched JX Token provides exposure to a high-dividend Japanese equity strategy managed by SBI Asset Management Co. Through DigiFT’s regulated real-world asset (RWA) platform, eligible investors can gain on-chain access to the fund while benefiting from blockchain-powered settlement and asset management capabilities.
The launch comes as interest in Japanese equities continues to recover among global investors. By tokenizing the fund, SBI and DigiFT aim to improve accessibility while demonstrating how blockchain infrastructure can modernize conventional financial products.
Henry Zhang, founder of DigiFT, said the company’s goal has always been to bring trusted, institutional-grade assets onto blockchain networks, adding that the JX Token marks DigiFT’s first expansion into Japanese equity products.
Why the Launch Uses Solana Instead of Ripple
Although SBI Holdings has maintained a close partnership with Ripple since 2016 through initiatives including SBI Ripple Asia and collaborations involving the RLUSD stablecoin, the JX Token is being issued through DigiFT’s infrastructure, which operates on the Solana blockchain.
The decision highlights SBI’s broader blockchain strategy rather than a shift away from Ripple. The company continues to work with multiple blockchain ecosystems depending on the specific use case, while maintaining its long-term commitment to Ripple technologies and the XRP Ledger ecosystem.
Tokenization Strategy Continues to Expand
The tokenized fund currently supports settlements using USDC, with integration of a Japanese yen-backed stablecoin planned for a future phase. The platform also opens the door to decentralized financial services, including lending and more advanced asset management through protocols such as Morpho.
At the same time, SBI remains active in expanding Ripple-related initiatives across Japan. Recent collaborations aimed at increasing institutional adoption of XRP demonstrate that the company continues pursuing multiple blockchain strategies simultaneously.
The launch of the SBI Japan High Dividend Equity Strategy Token is a notable milestone for both Japan’s financial sector and the growing real-world asset tokenization market. By bringing a Japanese equity fund onto a public blockchain, SBI Global Asset Management and DigiFT are showing how traditional investment products can evolve without replacing established financial institutions. As institutional demand for tokenized assets grows, initiatives like the JX Token could help shape the next phase of digital finance while reinforcing Japan’s role in blockchain innovation.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
