SBI Holdings teams up with Solana on a new onchain market in Japan

Japan's SBI Holdings and the Solana Foundation are teaming up to build an onchain financial market from Japan, a move both organizations are framing as a landmark step for digital finance, not just in Japan, but globally.

SBI Holdings and the Solana Foundation announced the strategic collaboration on July 13, 2026. 

As part of the collaborayiom, SBI R3 Japan Co., Ltd. plans to change its trade name to SBI Solana Global Co., Ltd. (a tentative name), and will pursue a new growth strategy alongside existing shareholders SBI Holdings and Sumitomo Mitsui Financial Group (SMFG).

Related: Solana prepares for quantum threat with new security roadmap

Why Japan, and why now

Stablecoins and tokenized real-world assets have been expanding rapidly across global markets, with onchain finance, where financial assets are issued, distributed, and settled directly on blockchain networks, increasingly viewed as the next generation of financial market infrastructure.

Solana is a layer-1 blockchain known for high throughput, low transaction costs, and one of the largest ecosystems in the industry, making it a natural technical foundation for this kind of infrastructure.

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Japan brings something different to the partnership: deep pools of financial assets, a broad base of market participants, and a legal framework that has moved further ahead than many other jurisdictions in preparing for digital assets. 

The collaboration is designed to connect those domestic strengths with Solana's global network, linking Japan's financial market directly to global liquidity. 

The stated goal is to establish Japan as a core hub for onchain finance across Asia.

What SBI Solana Global will actually build

The new entity plans to pursue several initiatives, all built on Solana:

• Supporting the issuance and distribution of stablecoins, including a yen-denominated stablecoin known as JPYSC.
• Supporting the structuring and distribution of tokenized real-world assets, including corporate bonds, commercial paper, funds, and real estate.
• Developing cross-border settlement infrastructure.
• Providing onchain financial services for institutional investors.
• Developing next-generation payment infrastructure built for the AI-agent era.

By offering integrated support spanning technology, issuance, distribution, and settlement, SBI Solana Global aims to accelerate the growth of an onchain financial market rooted in Japan.

What comes next

SBI Group and Solana say they plan to expand this collaboration beyond Japan, working toward broader integration with markets across Asia and globally as the two organizations build out new financial infrastructure for the onchain era.

Related: Solana adds native subscriptions and recurring payments to its blockchain