Japanese finance conglomerate SBI Group has entered into a strategic partnership with blockchain oracle provider Chainlink, aiming to develop and deploy a suite of enterprise-grade blockchain solutions across Japan and the broader Asia-Pacific region. The collaboration will focus on the tokenization of real-world assets, including on-chain bonds and other financial instruments, alongside the integration of Chainlink’s secure data feeds to ensure verifiable stablecoin reserves for institutional clients. Under the agreement, SBI Group intends to leverage Chainlink’s industry-leading interoperability and data authentication protocols to facilitate compliant cross-border payments and on-chain settlements, aligning with evolving regional regulatory frameworks.
As part of the initiative, SBI Group will explore use cases to tokenize net asset value data for funds, enabling on-chain fund valuations and streamlined investor reporting. Chainlink co-founder Sergey Nazarov emphasized the importance of operational resilience and regulatory alignment, noting that the collaboration will prioritize “state-of-production usage at scale” for use cases such as automated foreign exchange settlements and real-world asset transfers. SBI Group’s chair and CEO, Yoshitaka Kitao, highlighted the potential to accelerate digital asset adoption by integrating compliant stablecoin payments and tokenized securities into existing banking infrastructure, thereby reducing settlement times and operational costs.
The partnership marks SBI Group’s fourth major blockchain collaboration in recent weeks, following tie-ups with Circle, Ripple Labs and Web3 infrastructure provider Startale. Collectively, these alliances aim to position SBI Group at the forefront of institutional blockchain services in Asia, leveraging Chainlink’s decentralized oracle network to secure data feeds for yield protocols, risk management tools and global payment rails. With Japan’s Financial Services Agency expected to approve its first yen-pegged stablecoin later this year, SBI Group’s alliance with Chainlink will support compliant token issuance and on-chain verification, paving the way for broader institutional use cases and enhanced market efficiency.
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