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GUSD
3.8%
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Launch
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Tokenization platform Ondo Finance and Japan’s financial giant SBI Group announced the establishment of a strategic partnership aimed at tokenizing Japanese stocks and bringing them on-chain. Under the cooperation agreement, both sides will use Ondo’s asset tokenization technology to issue on-chain Japanese stock products and distribute them within SBI Group’s ecosystem. In addition, both sides will adopt SBI’s yen stablecoin JPYSC as a settlement and collateral tool for on-chain assets.