Asset tokenization platform Ondo Finance and Japan’s financial giant SBI Group have announced 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 an on-chain settlement and collateral tool for the assets.

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