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Deep Tide TechFlow message: On July 16, Ondo Finance and Japan’s financial group SBI Group announced the establishment of a strategic partnership. The two sides will jointly promote the on-chain tokenization of Japanese stock assets. SBI Group has total assets exceeding $25 billion. Under this collaboration, Ondo Global Markets（BVI）Limited will issue tokenized Japanese assets, and distribute Ondo’s tokenized products within the SBI Group ecosystem. The parties will also adopt SBI’s JPYSC stablecoin as a tool for on-chain settlement and collateralization of Ondo’s tokenized assets, and will cross-promote through their respective customers, channels, and strategic partners.