Japan’s SBI Group has entered into a strategic partnership with Chainlink to accelerate blockchain adoption, digital asset growth, and tokenization across Japan and the broader Asia-Pacific region.

The collaboration, announced on Aug. 24, combines SBI’s financial market expertise with Chainlink’s widely used infrastructure for data, interoperability, and institutional-grade DeFi applications.

Driving tokenization

The initiative is designed to expand financial institutions’ tokenization efforts, focusing on products such as tokenized funds, real-world assets such as real estate and bonds, and regulated stablecoins.

SBI emphasized that Japan’s maturing financial system and its growing digital asset ecosystem provide a strong foundation for piloting these use cases.

As part of the agreement, SBI and its network of financial partners will deploy Chainlink’s services, including the Cross-Chain Interoperability Protocol (CCIP), SmartData (NAV), and Proof of Reserve. These tools are expected to unlock secondary market liquidity and enhance operational efficiency for tokenized assets.

In addition, the partnership aims to develop secure solutions for payment-versus-payment (PvP) settlement in foreign exchange markets and cross-border transfers, two areas where demand for efficiency and compliance is rising.

The collaboration builds on recent findings from SBI Digital Asset Holdings, which surveyed more than 50 financial institutions.

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Author: Oluwapelumi Adejumo